The money came from a With Profits Bond
that my parents had.
However, where do you put money withdrawn from a With Profits bond
? Mr Connolly says: "It may be possible to make an internal switch within your policy.
Q I have just cashed in a With Profits Bond
and received less than my original investment, even though I did not make any withdrawals during the three years I held it.
ON a minimum pounds 5000 Britannic Portfolio with-profits bond, the With Profits Bond
Shop (0115 958 7555) will invest 108 per cent of your money on applications before July 31.
One of the most popular areas of investment in recent years has been the With Profits Bond
, a low risk investment where most of the funds are held in equities.
For example, an investment of pounds 10,000 in a With Profits Bond
in February, 2003, which paid pounds 14,099 in February, 2007, would have a cash-in value today of pounds 15,833.
A With Profits bond
has the valuable benefit of smoothing out the ups and downs of the stock market over the longer term because of the system of annual bonuses.
WE have a with profits bond
with Royal & Sun Alliance, though the bond has now been taken over by Resolution Life.
Q: My With Profits Bond
bonus rate has reduced recently.
Standard Life said sales had been particularly strong in personal pensions, pension annuities and the company's With Profits Bond
, launched in April.
The average compound annual return from with-profits bonds (net of basic-rate tax and charges) during the last five years is running at 10.3 per cent, up from 9.1 per cent in September, according to research by the With Profits Bond
She has a pounds 5,000 Royal Sun Alliance With Profits Bond
and pounds 3,000 in a Cheltenham & Gloucester Direct Transfer account.