From Wednesday 14th August 2019 interest rates will decrease or remain the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only.

New Business

  • All pre-sales illustrations produced on or after Wednesday 14th August 2019 will automatically be processed using the new interest rates
  • All applications received on or after Wednesday 14th August 2019 will be processed as per the ‘personal quote summary’ submitted and based on normal Flex-Tool rules being applied. We will only accept personal quotes summaries dated 16.07, 07.08 and 14.08.

Expired Cases

  • If a case expires on or after Wednesday 14th August 2019, and a new offer is required, this will be issued on new interest rates.

Lifestyle Flexible Option (LFO) and Cash Reserve Option (CRO)

There are no changes to the interest rates on reserve release. The below shows the current rates that went live on Wednesday 7th August 2019.

With Inheritance Guarantee   Without Inheritance Guarantee

LFO             4.12%                                           3.95%

CRO            N/A                                              3.95%