Seeing through the hype

Offshore with-profits policies have come under fire in the UK's Sandler Review, criticised for lacking transparency on fees and charges. The process calculating potential returns has also come under scrutiny for misleading investors, while endowment type with-profits policies have also left some home owners caught short when paying off loans. In response, life companies claim offshore with-profits products are safe, secure investments and life offices still believe there is a place for them in the market. According to Chris Holland, communications manager at Royal & Sun Alliance Internati...