The offer is available to fully completed applications with a valid cheque received at Legal & General’s Hove offices by December 31, 2007. The bonds have no fixed term but should be regarded as an investment for at least five years, ideally longer. The minimum investment is GBP5,000.

Mark Gregory, managing director of Legal & General With Profits, said: The financial strength of Legal & General’s With Profits fund means that we have the flexibility as investment managers to take advantage of a wider range of opportunities. This flexibility has meant that over the last five years our With Profits fund has outperformed key indicators, such as the FTSE All Share Index, while limiting the risk of exposure of our customers to pure equity investment.