International Tep Investments
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Written by tolumi
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Friday, 05 December 2008 11:08 |
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International Tep Investments Recent coverage in the UK press of the ‘mis-selling’ of endowment policies, accompanied by reductions in projected levels of yield, has resulted in life companies having to advise policyholders of possible shortfalls in endowment policies taken out to repay home loans. This has prompted many with-profit endowment mortgage holders to cash them in now rather than hold onto them, which in turn has led to an increased supply of endowment policies coming onto the market. There is, therefore, a greater range and choice of policies than ever before. TEPs currently represent extremely good value for money with exceptional variety in terms of price, life office and year of maturity. International Tep Investments & Brian Goldstein Brian Goldstein, managing director of Policy Portfolio, explains: “During the extended bull market, investments directly linked to stock market performance often produced better returns than those available from endowments. However, equity markets are by definition unpredictable and are often extremely volatile. There are, therefore, advantages in smoothing out the effects of volatility through the judicious use of with-profits endowment policies as part of an overall portfolio of investments. International Tep Investments - Maturity Date “Since the maturity date of a TEP is known in advance, they are an ideal vehicle for building capital to meet financial needs at a future fixed point in time. They are frequently used to service requirements such as retirement, inheritance tax planning, 18th or 21st birthdays, school or university fees, or just as general savings. Investors can choose a policy that matures at the required time and, in the case of retirement, school and higher education funding, can select one or more that mature in subsequent years. TEPs are, therefore, particularly suitable for supplementing a personal pension and are equally suited to forming part of the investment mix in a small self-administered scheme or a self-invested personal pension scheme.” 
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Last Updated on Tuesday, 06 January 2009 14:06 |
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