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Closed life fund consolidator Phoenix has held the majority of its annual bonuses at low rates or at 0% as it focuses on final payouts.
Legal & General’s with-profits fund returned 1.7% in 2011 in a year which saw total bonuses of £459m added to with-profits policies.
Chancellor George Osborne has described as "sensible" the decision by RBS chief executive Stephen Hester to reject his bonus.
Other bonus rates articles
Banks should brace themselves for a spate of claims from “disgruntled” bankers unhappy with their bonus payments, lawyers have warned.
Public sector workers continue to be paid more than their private sector counterparts despite the introduction of a two year state pay freeze, research published today suggested.
State-owned Royal Bank of Scotland is to payout around £500m in bonuses to its traders and investment bankers, despite a collapse in profits.
Bob Diamond was forced to defend his salary this morning, after he failed to mention the subject at a high-profile lecture last night.
Aviva has added £1.45bn in bonuses to its with-profits policies after its main With-Profit fund grew 12% over 2010.
The government will allow UK banks to pay out billions of pounds in bonuses this year, despite its calls to curb the payments, according to reports.
Chancellor George Osborne has criticised the regulation of banks under Labour and outlined plans to introduce a permanent annual levy.
Global currency wars pose "a real threat" to economic recovery, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, warns.
Friends Provident has managed to raise or hold steady final bonus rates on its with-profits policies as markets start to recover.
The FSA plans to strengthen its Remuneration Code to encompass over 2,500 firms which will include setting firmer rules on bonus structures for key staff.
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