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Consumer > Investment for Consumers > With Profits > Declared Bonus Rates > Declared bonus for 2001
Declared bonus for 2001
The directors declared regular bonuses for 2001 in respect of the unitised with profits contracts for the Talisman, Individual and Retirement Solutions contracts. These are shown in the table below:
| Regular bonus rate on basic units | Regular bonus rate on declared bonus units | Terminal bonus rate | |
|---|---|---|---|
| With Profits 1 | 3.0% | 4.5% | up to 26.5% |
| With Profits 2 | 3.0% | 4.5% | up to 26.5% |
| With Profits 3 | 3.0% | 4.5% | up to 26.5% |
With Profits 1 relates to business sold or benefits switched to with profits before 12 September 2000.
With Profits 2 relates to business sold or benefits switched to with profits between 12 September 2000 and 30 June 2001.
With Profits 3 relates to business sold or benefits switched to with profits after 30 June 2001.
Notes
Interim bonuses were payable at the regular bonus rates in 2002.
Crest Growth Plan - with profits fund
From 1 January 2002 the bonus rate was 3.5% p.a. In addition, in money purchase schemes, a terminal bonus was paid, calculated as a percentage of the amount of the with profits unit account in respect of each year's premium payments, the percentage depending upon the number of years of participation completed. The maximum terminal bonus rate was 29.5%.
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