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RNPFN WITH-profits Interest Bearing Pension Policies

Interest bearing pension policies

Interest bearing pensions

  • Some Liberty Pension Addplan and Liberty Personal Pension Plan policies are interest bearing pension policies which means that rather than having regular bonuses added, interest is added instead.
  • Each year we'll send these pension policyholders a statement that will show the latest value and provide policy information.
  • More information on interest bearing pension policies and how we manage the RNPFN Fund can be found in 'Your guide to how we manage the RNPFN Fund for with-profits business'.

The most recently declared interest rates for these policies are shown below.

Period Beginning
Interest Rate p.a.
6 April 2024 2.50%
6 July 2023
2.50%
6 April 2023 0.50%
6 April 2022 0.50%
Period Beginning
Interest Rate p.a.
6 April 2024 2.50%
6 July 2023
2.50%
6 April 2023 0.50%
6 April 2022 0.50%

Final bonus

In 2016 we made some changes to how these policies work. They are now invested in the RNPFN With-Profits Fund and this means that in addition to the interest earned, a final bonus may now also be added to the value of these policies when they end. Any final bonus currently applying to a policy will be shown in the annual statement sent to policyholders. The links above include more information on the With-Profits Fund.