Scottish Equitable has launched two with-profits funds offering daily pricing. The two vehicles, W...
Scottish Equitable has launched two with-profits funds offering daily pricing.
The two vehicles, With-Profits Growth and With-Profits Cautious, do not offer bonuses or guarantees.
A smoothed price is calculated daily using an estimated growth rate based on Scottish Equitable's long-term performance expectations of the underlying investments. The smoothed price is halfway between the expected growth rate and the actual change in value of the underlying investments.
Both funds are ring-fenced, with 100% of all growth benefiting the policyholders.
Pensions neglect to be criminal offence
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds