Why the smoothed fund 'renaissance' is good for clients and advisers

A whole new frontier for smoothed with profits funds

clock • 4 min read

Not every smoothed or with profits fund that are on platform is created equal, which is why it will always pay for advisers to review and assess each on their own strengths, writes Nick Henshaw

There's a renaissance playing out right in front of advisers' eyes. And it's not where you might expect. In recent months, a greater number of smoothed and with profits life and pension funds are appearing on platforms for use by UK IFAs. As well as marking a milestone in the funds' maturity and evolution, this revival is good news for clients - and IFAs. Here's why. What's smoothing? To understand the significance of these developments, it's worth revisiting what smoothed funds are and how they work. Typically, advisers try to give their clients a ‘smoother' investment journey t...

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

Fifty years after 'Bogle's Folly', what comes next for financial advice?

Fifty years after 'Bogle's Folly', what comes next for financial advice?

'Indexing will continue to grow, but the wrapper through which investors access it will change'

Gillian Hepburn
clock 12 October 2026 • 4 min read
Chris Justham: Why the industry must 'entertain and engage' investors

Chris Justham: Why the industry must 'entertain and engage' investors

‘We can’t just offer them a dry cracker and ask them to chew it down’

Chris Justham
clock 07 October 2026 • 3 min read
Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Two new funds launched

Michael Nelson
clock 06 October 2026 • 6 min read