With-profits fund principles and practices
The principles and practices of financial management
what is a ppfm?
The Principles and Practices of Financial Management
On this page you will find the following PPFM information:
- PPFM for LVFS with-profits policies
- Summary of changes to the LVFS PPFM
- Annual LVFS PPFM compliance report
- PPFM for RNPFN policies
- PPFM for Teachers Assurance policies
Every company that offers with-profits investments has to document the principles and practices (the beliefs and behaviours) they use to manage these investments. Below you can download our Principles and Practices of Financial Management (PPFM) documents.
PPFMs are technical documents but customer friendly versions are available. These are called 'Your guide to how we manage our with-profits business'.
LVFS with-profits policies
This is the relevant PPFM if you have one of these policies:
- Flexible Guarantee Bond
- Flexible Guarantee Funds
- All-In-1 Investment Bond
- Flexi Guarantee Plan
- Guaranteed Capital Bond
- LV= ISA
- Smoothed Managed Funds Pension Series 1
- Conventional With-profits
- Unitised with-profits
- With Profits Pension Annuity
- Appropriate Personal Pension policy
- Smoothed Managed Funds Bond Series 1
- Flexible Whole-Life Policy
- Smoothed Managed Funds Trustee Investment Plan Series 1
Summary of Changes to PPFM documents
Annual PPFM compliance report
RNPFN PPFM
- If you took out a with-profits policy through RNPFN (a policy which was underwritten by RNPFN, before they were acquired by Liverpool Victoria Life Company Limited), you will require the RNPFN version of the PPFM.
Teachers Assurance PPFM
- If you took out a with-profits policy through Teachers Assurance (a policy which was underwritten by Teachers Assurance, before they were acquired by Liverpool Victoria), you will require the Teachers Assurance version of the PPFM.