Phoenix Life announces its with-profits final bonus rates for July 2022

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

• Estate distribution continues to uplift maturity values on most of our funds.
• Investment returns has been poor for all bonus series since the last review, which has contributed to a reduction in final bonus rates for the majority of bonus series.
• Annual bonus rates were not part of this review and are therefore unchanged from the rates we announced earlier this year.
• Many customers continue to benefit from the guarantees that apply under their policies.

Find out more about what this could mean for policies.