You are here: Home - Saving & Banking - News -

PolicyPlus predicts cautious life declarations

Written by:

PolicyPlus has released the dates it expects the major life companies to declare their with-profits bonus declarations.

Given the poor performance of equities over the last year and the gloomy outlook for the financial markets in 2008, PolicyPlus expects cautious declarations from most companies.

David Carrington, sales & marketing director, said: “The continued trend of the strong getting stronger means that policies from the strongest companies are the most likely to see bonus rates reinforced.”

The first company expected to declare is the Aviva Group on 11 January, followed by Friends Provident and London & Manchester on 15 January. Scottish Amicable is forecasted to make its declaration on 20 January, with Legal & General pencilled in for 22 January.

Liverpool Victoria is expected to make its declaration on 3 February, Scottish Life on the 17th of the same month and Colonial Mutual on the 25th. Sun Life of Canada and Sun Life’s declarations are predicted to come in March, on the 3rd and 24th respectively.


Related Posts


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Banks to boost bad debt detection

Financial institutions will be on their guard against bad debt and identity fraud in the New Year according to Graham...