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Information on our With-profits funds and how they perform

With-profits

Declared Investment Return (DIR)

The information found on this page is only relevant to With-profits annuities, specifically the Pension Income Plus Annuity.

We declare an investment return quarterly, your client will receive the one declared immediately before their policy anniversary. If the DIR is the same as the Actual Investment Return (AIR) your client chose, their income will stay the same for the coming year. If the DIR is higher or lower, their income will rise or fall by the difference between the DIR and AIR.

Recent Declared Investment Return

Our most recent Declared Investment Returns for Pension Income Plus Annuity policies with policy anniversaries during the quarter beginning 1 May 2017 are:

  • 7.50% plus 0.5% mutual bonus for policies that started in the quarter beginning 1 May 2012
  • 7.00% plus 0.5% mutual bonus for policies that started in the quarter beginning 1 May 2013
  • 6.50% plus 0.5% mutual bonus for policies that started in the quarter beginning 1 May 2014
  • 5.75% plus 0.5% mutual bonus for policies that started in the quarter beginning 1 May 2015
  • 3.75% plus 0.5% mutual bonus for policies that started in the quarter beginning 1 May 2016

Our next investment returns will be declared in July 2017 for policies with anniversaries during the quarter beginning 1 August.

DIR performance history

Entry-Date in the Quarter beginning

Policy Anniversary

DIR

Mutual Bonus

Total

1 November 2011

1st

3.75%

1.0%

4.75%

2nd

6.50%

1.1%

7.60%

3rd

5.75%

1.0%

6.75%

4th

8.00%

1.0%

9.00%

5th

8.50%

1.0%

9.50%

1 February 2012

1st

2.25%

1.1%

3.35%

2nd

4.00%

1.1%

5.10%

3rd

7.50%

1.0%

8.50%

4th

6.25%

1.0%

7.25%

5th

8.75%

1.0%

9.75%

1 May 2012

1st

4.50%

1.1%

5.60%

2nd

5.50%

1.0%

6.50%

3rd

10.00%

1.0%

11.00%

4th

3.75%

1.0%

4.75%

5th

7.50%

0.5%

8.00%

1 August 2012

1st

5.00%

1.1%

6.10%

2nd

4.50%

1.0%

5.50%

3rd

8.00%

1.0%

9.00%

4th

3.75%

1.0%

4.75%

1 November 2012

1st

4.50%

1.1%

5.60%

2nd

4.50%

1.0%

5.50%

3rd

7.25%

1.0%

8.25%

4th

8.00%

1.0%

9.00%

1st February 2013

1st

2.75%

1.1%

3.85%

2nd

4.00%

1.0%

5.00%

3rd

4.75%

1.0%

5.75%

4th

8.00%

1.0%

9.00%

1 May 2013

1st

2.00%

1.0%

3.00%

2nd

8.25%

1.0%

9.25%

3rd

3.00%

1.0%

4.00%

4th

7.00%

0.5%

7.50%

1 August 2013

1st

3.00%

1.0%

4.00%

2nd

7.50%

1.0%

8.50%

3rd

3.50%

1.0%

4.50%

1 November 2013

1st

2.25%

1.0%

3.25%

2nd

6.25%

1.0%

7.25%

3rd

7.50%

1.0%

8.50%

1 February 2014

1st

2.75%

1.0%

3.75%

2nd

4.25%

1.0%

5.25%

3rd

7.75%

1.0%

8.75%

1 May 2014

1st

5.75%

1.0%

6.75%

2nd

2.00%

1.0%

3.00%

3rd

6.50%

0.5%

7.00%

1 August 2014

1st

4.75%

1.0%

5.75%

2nd

2.25%

1.0%

3.25%

1 November 2014

1st

2.50%

1.0%

3.50%

2nd

5.75%

1.0%

6.75%

1 February 2015

1st

-0.25%

1.0%

0.75%

2nd

5.25%

1.0%

6.25%

1 May 2015

1st

0.50%

1.0%

1.50%

2nd

5.75%

0.5%

6.25%

1 August 2015

1st

2.25%

1.0%

3.25%

1 November 2015

1st

5.50%

1.0%

6.50%

1 February 2016

1st

5.00%

1.0%

6.00%

1 May 2016

1st

3.75%

0.5%

4.25%

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PPFM

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More on our management approach

With profits

With-profits

Look through our yearly With-profits performance reports to keep your client up to date.

View our With-profits performance reports

Bond performance

Bond performance

See how our Flexible Guarantee Bond and Flexible Guarantee Bond Series 2 are performing.

View our bond performance

FOR UK FINANCIAL ADVISERS ONLY
LV=, County Gates, Bournemouth, BH1 2NF, UK