With-profits own goals give unit-linked bonds the lead

investment bonds

Many investors feel let down by with-profits because of their lack of transparency and poor performance, so they should consider unit-linked investment bonds, a more transparent flexible alternative

Seventy one percent of the total single premium life business in the past year has already gone into unit-linked bonds, so the pressure's piling up for with-profits funds, according to Datamonitor in a report published in June 2006. With the public bemoaning how England's World Cup campaign once again promised so much but came up short, it is interesting to compare and contrast the promise of the home football team and that of an old friend of financial advisers - with-profits funds. Just like Sven's men, with-profits had great potential. They promised to invest in a range of shares, gilt...