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Liv Vic extends extra allocation offer

Liverpool Victoria is to extend the 1 per cent extra allocation offer on its with-profits growth bond until February 27.

The move follows on from its recent announcement that the bond&#39s
regular bonus rate is to stay at 2.25 per cent. The insurer says that the extra allocation means a new investor could receive up to 104 per cent, with investors that are already members of the friendly society eligible for a member bonus of up to 1 per cent.

Intermediary director Rye Mills says: “With a more optimistic outlook for the UK stock market we believe the with-profits growth bond offers a realistic investment for people looking for steady, long-term growth.

In addition, IFAs can sacrifice some of their initial commission to give their client&#39s investment an even bigger boost.”

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