Retiring investors 'disappointed' on with-profits

A survey by Managing Partners Limited (MPL) shows 23% of with-profits investors aged 55 years and over plan to stop investing in them. In that age group, 75% are unhappy with their performance. This includes 41% who are not very happy and 34% who are not at all happy. Another three quarters of with-profits investors in the 45 to 54 year old age group were unhappy with the performance of with-profits products, though just 6% planned to stop investing in them. In the 35-44 year old age group, 61% were unhappy with their with-profits policies and 9% intended to stop investing in them. ...