With-Profits Funds
With-Profits funds differ from unit-linked funds in the way that they operate.
There are two With-Profits funds in the Save & Prosper range of funds. There is the Countrywide Assured Guarantee Plus Pension Fund (S&P Series), originally issued by Save & Prosper Pensions, and the Countrywide Assured With-Profits Fund (S&P Series) originally issued by Save & Prosper Insurance. If you are invested in either of these funds, we have some guides that we would strongly recommend that you read.
If you have a policy invested in the Countrywide Assured Guarantee Plus Pension Fund (S&P Series), originally issued by Save & Prosper Pensions, please have a look at this:-
Your guide to how we manage the Save & Prosper Pensions With-Profits Fund
If you have a policy invested in the Countrywide Assured With-Profits Fund (S&P Series) originally issued by Save & Prosper Insurance, please have a look at this:-
Your guide to how we manage the Save & Prosper Insurance With-Profits Fund
In addition to this, we have two further documents that go into much greater detail about how each of the With-Profits funds is managed. If you are interested in reading this, please click here for the Countrywide Assured Guarantee Plus Pension Fund (S&P Series), originally issued by Save & Prosper Pensions:-
Principles and Practices of Financial Management of its With-Profits Business
And for the Countrywide Assured With-Profits Fund (S&P Series) originally issued by Save & Prosper Insurance, please click here:-
Principles and Practices of Financial Management of its With-Profits Business
As we are required to do by the Financial Services Authority, each year Countrywide Assured produces a report to its policyholders for its With-Profits funds, confirming that they have been managed in accordance with the documents mentioned above (the "Principles and Practices of Financial Management of its With-Profits Business"). We have an independent With-Profits actuary and he has reviewed these reports and added his own summary. If you would like to see this report, please click here for the most recent one relating to the Countrywide Assured Guarantee Plus Pension Fund (S&P Series), originally issued by Save & Prosper Pensions:-
Annual Save & Prosper Pensions Report to With-Profits Policyholders
And for the equivalent report relating to the Countrywide Assured With-Profits Fund (S&P Series) originally issued by Save & Prosper Insurance, please click here:-
Annual Save & Prosper Insurance Report to With-Profits Policyholders
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