F06: Assets within personalised funds - does default matter?

Document description

With open architecture offerings on Portfolio Bonds and SIPP's, it is tempting for life companies to assume all credit risk falls to the policyholder.  But when does this assumption break down?  This session will consider the following issues:

• examples of interesting fund structures offered
• what difference does the jurisdiction of external funds make?
• tracker bonds and structured bonds
• what is a hedge fund and what is an alternative risk fund?
• liquidity, asset valuations.