Royal & SunAlliance is offering an extra 1 per cent allocation to all new customers investing in its lifestyle bond until this October.
The life office is making the offer to mark the 5th anniversary of the bond. With profits is one of twenty fund options Royal & SunAlliance currently offers.
The extra allocation means clients can receive up to 102.5 per cent allocation on their lifestyle bond investment.
R&SA's with profits fund has no explicit charges as expenses are taken into account when the bonus rates for the lifestyle bond are set. The lifestyle fund gives clients the opportunity to reinvest with profits bonuses in the clients chosen unit linked fund.
Royal & SunAlliance IFA personal business leader Mark Edwards says: “Most building society investors are looking for better return on their hard earned money with the ability to sleep easy at night. In today's lower growth, lower inflation and more volatile climate the with profits fund has proved to be an excellent investment for such people and we expect this to continue.”