With-profits falls to bottom of recommendation

With-profits and structured products came under fire from top level and mid-tier intermediaries in a...

With-profits and structured products came under fire from top level and mid-tier intermediaries in a recent survey conducted by Investment Week's sister organisation, Incisive Research. The Investment Insight Winter report shows that while there has been an increase in the popularity of multi-manager products, with-profits have fallen to the bottom of the pack in terms of product recommendations. Among the reasons cited for the dramatic fall off in with-profits was disappointment in the product, lack of transparency, continued MVRs despite the fact that the products were supposed to smoo...