Phoenix Life announces its with-profits bonus rates for 2021/2022 . Here are the key points to note from the announcement.

• Over 75% of our policies are receiving an annual bonus.
• Annual bonuses provide an additional level of guarantee for our policyholders as once added they cannot be taken away.
• Generally annual bonus rates have increased or have been maintained as our projections for future growth rates have increased since the previous annual bonus review.
• Many customers continue to benefit from the guarantees that apply under their policies.
• Estate distribution continues to uplift maturity values on most of our funds.

Find out more about what this could mean for policies.