with-profits


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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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

with-profits

[ˈwɪθˈprɒfɪts] ADJ with-profits endowment assuranceseguro m dotal con beneficios
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

with-profits

adj policy etcmit Gewinnbeteiligung
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
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References in periodicals archive ?
Policy holders eligible for the Equitable Life Payments Scheme include those who hold, or have held, one or more of the following policies: Equitable Life Conventional With-Profits (CWP) policy bought between 1 September 1992 and 31 December 2000 inclusive; Equitable Life Accumulating With-Profits (AWP) policy (both individual and group scheme policies) that either started between 1 September 1992 and 31 December 2000 inclusive, or had at least 1 premium paid into it between 1 January 1993 and 31 December 2000 inclusive; and Equitable Life WPA (With-Profits annuity) policy bought between 1 September 1992 and 31 December 2000 inclusive.
INSURANCE giant Aviva announced that it has frozen or cut annual bonus rates for its 1.5 million with-profits investors.
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.
Legal & General (L&G), with 600,000 with-profits customers in a pounds 14 billion fund, says its fund grew 1.7% in 2011; it is maintaining annual bonus rates on its endowments (to reduce potential shortfalls for homebuyers) but has cut bonuses on most bonds and pensions.
A further 37,000 with-profits annuitants, who are trapped at the society, will be compensated for their losses in full, with the money paid in regular instalments for the rest of their lives.
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.
Summary: Insurance giant Aviva is to pay a Au400 million windfall to its with-profits customers - half what it had originally offered.
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.