July 25, 2007
With Profits Investors - Is It Time To Take The Initiative?
With Profits is one of the most popular forms of personal investment, with some 32 million plans in force today. However, their popularity appears to have reduced significantly during the past few years as the providers of these plans have reduced (and sometimes stopped altogether) the bonuses that are awarded to investors.
What can you do if you have one or more of these plans?
Firstly, read the article from the BBC at the link below, then seriously consider if you are getting value for money on your With Profits plan(s). In our experience, many investors that we deal with are not getting good value.
Rather than continue to pour money into these plans, there may (and probably is) be a better alternative available.
Filed under Investing by Ray Prince
