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Consumer  >  Investment for Consumers  >  With Profits  >  Declared Bonus Rates  >  Declared bonus for 1999

Declared bonus for 1999

The directors have declared regular bonuses for 1999 in respect of the unitised with profits contracts for the Talisman contracts.  These are shown in the table below:

With Profits 1 relates to business sold or benefits switched to with-profits before 12 September 2000.

Notes

Interim bonuses was payable at the regular bonus rates in 2000.

In addition a terminal bonus was also paid, calculated as a percentage of the unit account in respect of each policy year's premium payments and depending on the number of years of participation completed.

Crest Growth Plan - with profits fund

From 1 January 2000, the bonus rate was 4% 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 18%.

For defined benefits schemes in lieu of terminal bonus, a special bonus of 1.5% of the number of with profit units attaching as at 31 December 1999 was paid.