Small increase made to Stan Life with-profits values

clock

Standard Life's with-profits funds have recovered some of their value following a major downgrade in October 2008 it was announced today.

In its latest review of bonuses, most plans will have increased in value, but will still remain considerably lower than a year ago due to extreme market conditions. Despite today's small increase in bonuses, some plans are nursing significant losses over the past twelve months, with some with-profits bonds making a loss of almost 14% since January 2008. Mortgage endowments have made a loss of between 4.5% and 4.8% in 2008, while savings endowments are down by as much as 4.7%. Pension plans have made minor gains, with 20-year plans up 1.2% and 10-year plans adding 2.5% over the last ye...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

The world is awash in debt. In the US, government borrowing has surged past 100% of GDP, and the fiscal deficit is at a level typically seen in wartime. Other major economies are in similar situations. So, what does this deluge of debt mean for markets?

Orbis Investments
clock 22 May 2025 • 5 min read
Evelyn Partners launches Index MPS range into IFA market

Evelyn Partners launches Index MPS range into IFA market

Five risk-rated portfolios to help cost-conscious investors

Jenna Brown
clock 20 May 2025 • 1 min read
Three Invesco funds fail to deliver value to investors

Three Invesco funds fail to deliver value to investors

Manager's annual assessment found some poor performance

clock 14 May 2025 • 2 min read