Skandia: £8bn could exit with-profit bonds

The platform's latest research suggests hundreds of thousands of investors could benefit from spot guarantees and exit with-profit bonds, withdrawing around £8bn over the next three years. Skandia's findings come from an analysis of historic sales of with-profit bonds, which peaked at 1.3 million policies between 2000 and 2002, representing £38.4bn of investment. The analysis, which evaluated 287 with-profit bonds from 38 companies, found at least 30% are estimated to contain 10-year anniversary MVR-free spot guarantees. Further research from the platform suggests 70% of investors ...