Your IndustryNov 13 2014

Guide to With-Profits

pfs-logo
cisi-logo
CPD
Approx.60min

    Guide to With-Profits

      pfs-logo
      cisi-logo
      CPD
      Approx.60min
      Search supported by

      Introduction

      By Emma Ann Hughes
      twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon

      It is easy to see why with-profits proved so popular. Indeed if you ask most people what they want even in 2014 they describe the aim of with-profits funds: to offer part of the upward curve of stock markets, in a trade-off for a cushion against some of the downside.

      That is why, despite front page headlines screaming the demise of this product and regulators tackling actuaries who struggled to explain their “smoothing” techniques, with-profits policies remain and still come in many forms.

      This guide will explain what your options are for closed with-profits pots, the shape of popular policies of this type today, and what to consider when contemplating your with-profits options.

      Supporting material for this guide has been provided by: Mike Kipling, with-profits actuary at Friends Life; Paul Turnbull, actuarial and capital director at Aviva; and Phil Brown, head of retirement propositions at LV.

      In this guide

      Articles
      CPD Questions
      To reveal the CPD questions which accompany this guide, please sign in and read all of the articles below.