Abbey profit policyholders miss out again

Abbey National has said its profit policyholders will miss out on their annual bonus for a second consecutive year.

Abbey National has said its with profits policyholders will miss out on their annual bonus for a second consecutive year.

The UK mortgage bank said no annual bonus would be declared for with-profits policies for Abbey National Life, Scottish Mutual and Scottish Provident (including Scottish Provident Ireland), except where guaranteed rates of bonus apply.