Ideal products for rainy day investors

protected funds

With-profits have fallen out of favour, with investors realising smoothing cannot turn around big drops in the market. However, CPPI offers a transparent, Sandler-friendly alternative to protect clients' assets

The financial services industry is going through another metamorphosis: just when we thought we had products to cover most eventualities, along comes another set of events that cause dramatic change in the industry. The latest opportunity has come from the need to provide an alternative to with-profits for cautious investors. Smooth returns are what with-profits policyholders have always bought into - unfortunately, no amount of 'smoothing' could cover a 40% drop in the stock market and many advisers are looking for alternatives for their clients. The bad news that has come out of the ...