with-profits


Also found in: Financial, Wikipedia.
Related to with-profits: terminal bonus, With profits policy

with-profits

adj
(Banking & Finance) finance (of an insurance policy, investment, etc) paying a bonus linked to the issuing company's annual profits
Translations

with-profits

[ˈwɪθˈprɒfɪts] ADJ with-profits endowment assuranceseguro m dotal con beneficios

with-profits

adj policy etcmit Gewinnbeteiligung
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References in periodicals archive ?
With-profits policyholders of TPS will also benefit from the distribution of TPS's inherited estate.
With-profits products provide protection for customers who wish to invest in the stock market but don t want to be exposed to the full impact of volatile market conditions.
It said a PS10,000 with-profits bond purchased 10 years ago is now worth PS17,082, while the same amount of money invested in a typical savings account would have grown to PS12,228.
Billions of pounds sitting in the mighty with-profits funds run by the big insurance companies were invested to build lump sums, cover mortgages or pay pensions - and many savers will be wondering why they bothered.
Patrick Connolly at leading financial advisor AWD Chase de Vere says: "This bonus declaration is a clear endorsement that Prudential remains, by some distance, the leading provider of with-profits investments.
But the group said not all of its with-profits customers whose policies mature this year would see an increase in the final bonuses they receive on their plan.
WITH-PROFITS policies are struggling to hold their own against other types of investment, research has revealed.
AN army of small investors will soon be looking for a new home to store their billions of pounds of savings, as they grab the chance to withdraw money from poorly-performing with-profits bonds without paying a penalty.
Bosses blame stock market turmoil for cutting the final bonus paid on with-profits policies, reducing their maturity value by, typically, five to nine per cent.
A MILLION Norwich Union policyholders are being offered pay-outs of around pounds 1,000 each to give up their rights to surplus cash in the group's with-profits funds.
A decade ago With-Profits Bonds appeared to offer a genuinely attractive avenue into the potentially flourishing returns of the stock market.