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Legal & General launches second with-profits bond

Legal & General is launching a second version of its with-profits bond.


The bond is aimed at investors looking to achieve capital growth and is designed to complement the existing with-profits income version.


The new bond offers a choice of either a 5 per cent initial charge or a monthly charging version of 0.75 per cent a year for the first five years


The bond is paying an interim bonus of 5.5 per cent with a terminal bonus of 1.75 per cent payable from day one.

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