View more on these topics

Beale Dobie free guide shows Tep advantages

Beale Dobie is publishing a free guide to traded endowment policies for IFAs.

The firm says that despite falling bonus rates,. Teps are still attractive investments for many people. Teps&#39 recent returns in the medium term have beaten alternative investments such as balanced managed unit trusts.

Beale Dobie estimates that the average annual ret-urn from recently matured Teps is 9 per cent, which compares with the average return on balanced managed trusts of -0.6 per cent over five years and 7.4 per cent over 10 years.

The company says the reason that Teps have performed so well is because, unlike most investment products, they give investors access to locked-in strong investment growth achieved in past years.

Beale Dobie head of business development Tracey Merritt says: “Teps protect capital from volatile stockmarkets while offering the potential for attractive returns.

“The recent results are excellent news for Tep investors, particularly those who are able to shelter their maturity from tax and obtain double-digit investment returns, which are almost unheard of in the current economic climate.”

Recommended

Aberdeen in corporate shake-up

Aberdeen Asset Management has revealed plans to restructure its board which will see the size of the board reduced from the current 18 to 11 and the creation of a separate executive management committee.Effective immediately, the seven strong committee will be established and led by chief executive Martin Gilbert. It will assume responsibility for running […]

Aifa is the menu master

Has effective lobbying by an IFA trade association won a significant concession from the regulator? So it would seem,with official acceptance of a version of Aifa&#39s menu system as an alternative to defined payment.The FSA deserves praise for keeping an open mind while Aifa can put a feather in its cap for achieving what it […]

85% of B&CE stakeholder plans are shell schemes

B&CE, which claims to be the biggest stakeholder pension provider, has revealed that 85 per cent of its plans are effectively shell schemes getting only £1.90 a week in employer contributions.Less than 15 per cent or 27,000 of the life office&#39s 185,000 schemes are getting combined employee and emp-loyer monthly contributions of £50 to £100 […]

Flexibility under fire

Angry mortgage lenders are warning that the EU consumer credit directive is fatally flawed and could kill off the blossoming flexible mortgage market.The Council of Mortgage Lenders welcomed the Treasury&#39s regulatory regime for mortgages announced last week but has slammed the EU credit plan, which is on its way to becoming European law. The CML […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment