Published by Scott Eason on
We recognised the investment challenge for smaller and medium funds, who have limited resources to investigate and manage an ever-widening universe of assets.
The results of Barnett Waddingham’s with-profits report were recently presented at the Institute and Faculty of Actuaries’ Life Conference in Edinburgh, highlighting the recent investment outperformance of bigger funds (see link here to previous blog).
We recognised the investment challenge for smaller and medium funds, who have limited resources to investigate and manage an ever-widening universe of assets, and suggested that improvements could be made by most funds through implementing a robust decision framework, including the following:
We finished off the session by asking attendees to take part in number of polls The positive news for policyholders is that 85% of the 55 people polled believe that with-profits funds are treating customers fairly and over 50% believe that funds are being proactive in managing investments.
However, the final question of the session delivered our headline number; 92% of attendees believed that with-profits funds could be doing more and should be reviewing their current investment approaches to maximise benefit for with-profits policyholders.