Phoenix Life announces its with-profits bonus rates from January 2023

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Phoenix Life announces its with-profits bonus rates for 2022/2023. Here are the key points to note from the announcement.

• For the majority of bonus series, final bonus rates have reduced reflecting the investment returns since the last review.
• Estate distributions have also decreased for the majority of funds but continue to uplift maturity values on most of our funds.
• Annual bonus rates have generally been maintained or increased.
• Over 75% of our policies are receiving an annual bonus, providing an additional level of guarantee for our policyholders.

Find out more about what this could mean for policies.