Standard Life has maintained annual bonus rates on with-profits products, following a mid-year review of its UK with-profits range.

It said despite ‘uncertainty’ in the investment markets all plans had increased in value over the past year.

Margaret Flaherty, with-profits communications manager at Standard Life Assurance, said, ‘After an encouraging start to the year for investment markets we have seen sharp falls in equity values over the last couple of months.

‘We are pleased to say that despite the recent volatility in investment returns, most with-profits investors will have seen an increase in their plan value over the last year.’

She added, ‘With-profits continues to offer customers access to the potential growth associated with stock market investments whilst aiming to provide, through smoothing and maturity guarantees, some protection from the full effects of market fluctuations.’