Encouraging with-profits and interest rates adjustments

survey

Results of the latest Incisive Buzz survey

The latest research from Incisive Buzz asks, are higher bonuses and falling MVRs enough to encourage you to recommend with-profits products? Comments were as follows: Of those who stated yes: • Possibly. • In certain circumstances, eg 10 years plus. Of those who stated no: • Most providers are reducing MVRs but at the expense of current Terminal Bonuses. This seems unfair, as it will reward those surrendering at the expense of those who remained loyal to the provider. • Once bitten, twice shy. • With-profits is completely discredited. The possibility of an arbitrary MVR, imposed at...