Prudential survey shows IFA with profits' fondness

Professional Adviser
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With-profit bonds are as relevant today as they have ever been and are a viable investment opportuni...

With-profit bonds are as relevant today as they have ever been and are a viable investment opportunity in today's volatile markets, is the opinion among intermediaries according to a survey conducted for Prudential. Half of the IFAs interviewed said they had sold a with-profit bond product in the last two weeks while another third of intermediaries said they had sold one in the last three months. In all, 82% of advisors believe that with-profits are relevant today, with 41% saying they are more important today than ever. However, 18% of those questioned said the with-profits p...

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