Scottish Friendly ups final bonus rates

Scottish Friendly has increased the final bonus rate for with-profits policyholders whose plans matu...

Scottish Friendly has increased the final bonus rate for with-profits policyholders whose plans mature from May 2008. Final bonuses have been increased 2% across all its policies, bringing the 10-year plan to 25%, the 15-year plan to 26% and the 20-year plan to 27%. Regular bonuses have been held at the same level as 2006. According to the group, someone aged 30 at the start of a policy investing £50 per month, payouts on policies maturing 1 May 2008 will be: * £46,022 on a 25-year with-profits plan - a return of 8.04% per annum * £27,237 over 20 years - a return of 7.57% per annu...