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This page relates to the National Mutual With Profit Fund

The National Mutual With Profit Fund was established on 31st December 2007 by the scheme that transferred the with profits business from NM Pensions Limited (TomorrowTM) to Windsor Life Assurance Company Limited. It primarily contains the business originally written by National Mutual Life Assurance Society which was held in the National Mutual Fund.

Current With-Profits Policy Bonus Rates

Bonuses are additions to the benefits payable on with-profits policies. You can find more information about how bonuses are added to different types of policy in the National Mutual With-Profit Fund in our Principles and Practices of Financial Management (PPFM) for that fund. The tables below give the latest information on bonus rates as at 31st December 2007.

Adobe acrobat Please click here to access our With-Profits Bonus Q&A document. (67Kb)

1. Traditional With-Profits Policy Reversionary Bonus Rates

Product to 31/12/2007 to 31/12/2006
% of Sum Assured % of Existing Bonuses % of Sum Assured % of Existing Bonuses
Endowment Assurances 0.20% 0.20% 0.20% 0.20%
Pension contracts - old series 0.10% 0.10% 0.10% 0.10%
Pension contracts - new series 1 1.00% 1.00% 0.10% 0.10%
Pension contracts - new series 2 1.00% 1.00% 0.10% 0.10%

2. Current Unitised With-Profits Policy Accumulation Rates

Product Bonus Rate Effective Date
Unitised With-Profits 2.00% pa 01/04/2008

3. Deposit Administration Rates

Product to 31/12/2007 to 31/12/2006
% of Sum Assured % of Existing Bonuses % of Sum Assured % of Existing Bonuses
Deposit Administration 4.80% 4.80% 4.80% 4.80%

4. Traditional With-Profits Policy and Unitised With Profit Final (Terminal) Bonus Rates

Rates depend on the type of product, the date it commenced, the duration and the premiums paid. If you need further information on your Plan call us on 0870 887 3333. If you are calling from outside the UK, please call 00-44-1952-292929. Please have your policy number to hand.

Final (or Terminal) Bonuses may vary or be removed at any time and are therefore not guaranteed. For Market Value Reduction information, please click here.

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