In 2018, assets held for our profitable clients generated a pre-tax return of -3.3%. However, over 25 years, assets have a return of 7.1% per year before tax and over 10 years, the annual return is 8.0% before tax. This outperformed the average inflation rate by 2.8% and 3.0% over the same periods, based on the UK retail price index. It also outperformed the performance of an average balanced fund based on a single-premium investment. Legal & General has reduced final bonus payments on its profit policies due to market turbulence and poor investment conditions. The total after-tax investment return was approximately -14% from January 1 to October 13, resulting in a final decrease in the bonus interest rate of between 5% and 9%. For example, a mortgage endowment of £50 per month over 25 years due after this change will yield £38,565, up from £41,293 previously. A 20-year pension of £200 per month due after this change will earn £90,999 compared to £98,511. For-profit CEO Mark.

Legal & General today announces the bonus rates of its profit policy for the 12-month period ended December 31, 2018. The company added £355 million in bonuses to its profit policy in 2018 (£319 million in 2017).