R
rainyday
Guest
Thanks to Liam for the following links;
<!--EZCODE QUOTE START--><blockquote>Quote:<hr> For those interested in reading the survey referred to, it's [broken link removed] and [broken link removed].<hr></blockquote><!--EZCODE QUOTE END-->
I was amazed at some of the outcomes of this survey and I'd welcome comments/discussion from those more knowledgeable than I. The big surprises for me;
- Huge advantage of with-profits funds over unit-linked funds over 15 & 20 years (15 years WP returns 91k-110k, 15 year UL returns 78k-93k - 20 year WP returns 206k-265k, 20 year UL returns 184k-223k) - I understood that WP funds were really just 'smoothed' equity funds, but why would they beat normal UL funds so consistently?
- Consistency of results in the WP funds, i.e. Standard Life & Caledonian Life share 1st & 2nd place over 10, 15 & 20 year periods
- Good showing by Acorn Life in recent UL performance (2nd place over 5 years), though they've been lambasted here for their generally high charges
- The huge differences in the end results depending on the provider chosen, e.g. a £57k difference in the 20 year results between the best provider (Caledonian Life) and the worst (Hibernian Life).
Comments & explanations welcome.
Regards - RainyDay
<!--EZCODE QUOTE START--><blockquote>Quote:<hr> For those interested in reading the survey referred to, it's [broken link removed] and [broken link removed].<hr></blockquote><!--EZCODE QUOTE END-->
I was amazed at some of the outcomes of this survey and I'd welcome comments/discussion from those more knowledgeable than I. The big surprises for me;
- Huge advantage of with-profits funds over unit-linked funds over 15 & 20 years (15 years WP returns 91k-110k, 15 year UL returns 78k-93k - 20 year WP returns 206k-265k, 20 year UL returns 184k-223k) - I understood that WP funds were really just 'smoothed' equity funds, but why would they beat normal UL funds so consistently?
- Consistency of results in the WP funds, i.e. Standard Life & Caledonian Life share 1st & 2nd place over 10, 15 & 20 year periods
- Good showing by Acorn Life in recent UL performance (2nd place over 5 years), though they've been lambasted here for their generally high charges
- The huge differences in the end results depending on the provider chosen, e.g. a £57k difference in the 20 year results between the best provider (Caledonian Life) and the worst (Hibernian Life).
Comments & explanations welcome.
Regards - RainyDay