policyholders of TPS will also benefit from the distribution of TPS's inherited estate.
products provide protection for customers who wish to invest in the stock market but don t want to be exposed to the full impact of volatile market conditions.
It said a PS10,000 with-profits
bond purchased 10 years ago is now worth PS17,082, while the same amount of money invested in a typical savings account would have grown to PS12,228.
Billions of pounds sitting in the mighty with-profits
funds run by the big insurance companies were invested to build lump sums, cover mortgages or pay pensions - and many savers will be wondering why they bothered.
Patrick Connolly at leading financial advisor AWD Chase de Vere says: "This bonus declaration is a clear endorsement that Prudential remains, by some distance, the leading provider of with-profits
But the group said not all of its with-profits
customers whose policies mature this year would see an increase in the final bonuses they receive on their plan.
policies are struggling to hold their own against other types of investment, research has revealed.
AN army of small investors will soon be looking for a new home to store their billions of pounds of savings, as they grab the chance to withdraw money from poorly-performing with-profits
bonds without paying a penalty.
More than 400bn [pounds sterling] is invested in with-profits
Bosses blame stock market turmoil for cutting the final bonus paid on with-profits
policies, reducing their maturity value by, typically, five to nine per cent.
A MILLION Norwich Union policyholders are being offered pay-outs of around pounds 1,000 each to give up their rights to surplus cash in the group's with-profits
A decade ago With-Profits
Bonds appeared to offer a genuinely attractive avenue into the potentially flourishing returns of the stock market.