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

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...