Fidelity highlights with-profits bonds confusion

A study conducted by Fidelity FundsNetwork found a number of advisers attributed an improvement in performance to changing market conditions, while others identified life companies’ intervention to improve the funds. The research, conducted at the end of the summer with over 170 advisers across the UK, found the majority - 87% - feel the performance of the with-profits bond market in general has not deteriorated over the last 12 months. In fact, nearly half (45%) believe that there has been an improvement. Fidelity says while this is clearly a positive outcome for investors, of the advi...