3.3.6 Investment Choice and Performance
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Mainly relevant where there is an investment element for the product.
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The relative importance depends on the client's view of risk and
the particular objective in mind when selecting a product.
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The factors in the pages on Financial Strength,
Asset Valuation, Liabilities,
and Solvency should be born closely in mind
when considering performance.
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The usual caveats should be kept in mind:
- High returns generally will mean high risk, with the reverse being
true.
- Past performance should not be taken as a guide to future performance.
- Performance in the short term should not be taken as a guide to
performance in the longer term
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