Standard Life has outlined why it believes the 18th century concept of with-profits is appropriate f...
Standard Life has outlined why it believes the 18th century concept of with-profits is appropriate for stakeholder at the start of the millennium. Speaking at Investment Week's pensions roadshow, John Taylor, regional actuary for the mutual, said with-profits combined equity returns without volatility, a combination that was as appealing today as ever before. 'Equities outperform gilts by around 6%per annum,' he said, 'so with-profits is good for stakeholder.' He acknowledged the bad press with-profits has had, in particular its lack of transparency and a suspicion that appointed actu...
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