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's
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's investment an even bigger boost.”