Mutual societies are outperforming the larger, more well-known life offices when it comes to with-profits payouts, a survey by Investment, Life & Pensions Moneyfacts has revealed.
In terms of the average full cost endowment payout the mutual societies outperformed their plc counterparts over all the terms surveyed (10, 15, 20 and 25 years).
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till