Comment: Prepare for 'profit' questions about with-profits

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With-profits investments are under scrutiny again from all quarters, whether it is in relation to transparency, mis-selling claims or consumer understanding of the product.

IFAs have been in disagreement for some time as to whether or not these products should be recommended to consumers, and how they should be described, particularly as it has often been argued many recommendations were made because with-profits policies paid higher adviser commission. Whether or not this is the case is difficult to ascertain, as there is no firm evidence All of this talk about whether or not with-profits are appropriate to consumers is, unfortunately, at risk of becoming a high-profile issue again and not a positive one, especially after the BBC Watchdog raised questions ...

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