What is a with-profits Cash Accumulation fund?
The fund offers the prospect of competitive long-term real returns whilst smoothing the peaks and troughs of day-to-day market movements. Investment returns are passed to policyholders through bonuses. The fund is invested in a diversified portfolio of UK and overseas shares, bonds, property and cash.
Are with-profits funds any good?
But many organisations do still offer with-profits funds, as a more basic savings vehicle or in the form of a pension, and according to industry analysis, they still offer useful returns. Despite this general trend, a number of smaller funds have performed well compared to the best performing larger funds.”
How do with-profits funds work?
With profits funds are a type of ‘pooled investment’ fund. This means that you pay into the fund along with a number of other investors and your money, along with that of other members, is put together and invested in stocks, shares, equities, bonds and property over a set period of time.
Are Prudential Investments Safe?
Yes. The products offered by the Prudential Assurance Company Limited (PACL) and other UK authorised and regulated firms in M&G plc are subject to the FSCS. You may be able to make a claim if Prudential is unable to meet its financial obligations.
Who is the manager of the Prudential with profits fund?
The Prudential With-Profits Fund. The Prudential With-Profits Fund is managed by M&GPrudential Treasury & Investment Office (T&IO). This includes the team formerly known as Prudential Portfolio Management Group. The fund is designed to spread investment risk by investing in a range of different assets.
How often are final bonuses reviewed by Prudential?
We expect to review final bonuses on at least an annual basis, and because they are regularly reviewed the size of any potential bonus can vary. Final bonuses are not guaranteed. If the investment return has been low over the lifetime of your Plan, a final bonus may not be paid.
What are the different types of prudential investment plans?
This document is applicable to the following products; ISA, Prudential Investment Plan (PIP), Trustee Investment Plan (TIP), PruFund Investment Plan (PFIP), Flexible Investment Plan (FIP), Flexible Retirement Plan (FRP) and Pension Choices Plan (PCP). This document is applicable to Retirement Account (Pricing Series E) investments.
Who are the experts in the with profits fund?
M&G Treasury & Investment Office (T&IO) are our in-house asset-allocation experts in the UK. They select a wide range of assets to hold in the With-Profits Fund, in line with the Fund’s objective. The aim is to maximise investment returns while maintaining the financial security of the Fund.