Only three major with-profits players left

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Bad publicity for Standard Life does not mean the end of with-profits but the standard bearers for the concept are now the Pru, Norwich Union and L&G

Do the current issues surrounding Standard Life represent the death knell as far as with-profits investments are concerned? Standard, which has for so long extolled the virtues of both mutuality and with profits, appears to be rapidly backtracking from both. It may continue to claim it is still committed to offering with-profit funds but in reality how viable is this? With-profits sales have declined markedly in recent years. Of investors and advisers still willing to invest in with-profits, how many will really have faith in Standard Life in the future? As far as with-profits investme...

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