could someone explain/ point to good reading matl on the differences between unit linked and unitised With profit products. Thanks so much
UL vs UWP The key difference is that for UL, the price of units reflects the exact current value of the underlying assets (and so fluctuates from day to day), whereas for UWP, the unit price is increased smoothly over time, with some of the actual return being held back to declare a terminal bonus on policies when they become claims.
