Editorial comment: free asset ratios are NOT the key to with-profits

With-profits products have been a popular recommendation for years by intermediaries, because they have in the past offered good returns on investments without carrying substantial risks to the original assets. But is that really the case now? Do with-profits products offer a good returns on the long-term, and how can you know? Many IFAs still believe with-profits bonds and pensions are good products to recommend to the cautious investor, however, people are also questioning whether there should also be regular statements not just about the returns on individual funds but about the s...