Gilts used on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, for new business, reserve releases and additional borrowing will change. Gilts for additional borrowing or reserve releases under closed (for new business) Aviva contracts will also change.

We are also taking the opportunity to update how the gilt names are referred to in our documentation, so they are in the same format as that detailed on Tradeweb.

New Business Key Features Illustrations (KFI)

  • All new business and additional borrowing KFIs issued from Thursday 30 May 2019 will be subject to the new gilts table.

How will current and new gilts be applied?

Subject to new gilts
Offers issued on or after Thursday 30 May 2019 will be issued on the personal quote summary sheet received and based on new gilts. Financial advisers will be informed the offer is subject to new gilts via email.

Gilt Tables

Single borrowers

Age of youngest borrowerGilt applicable
55-59UKT 3.75 07/52
60-64UKT 1.5 07/47
65-69UKT 4.25 09/39
70-74UKT 4.5 09/34
75-79UKT 4.75 12/30
80-84UKT 4.25 12/27
85+UKT 2.75 09/24

Joint borrowers

Age of youngest borrowerGilt applicable
55-59UKT 4 01/60
60-64UKT 3.75 07/52
65-69UKT 3.25 01/44
70-74UKT 4.25 09/39
75-79UKT 4.5 09/34
80-84UKT 4.75 12/30
85+UKT 1.5 07/26