Three cheers please for Terry O'Halloran. I am sure he is not the only one who supports the concept of with-profits policies so strongly.
Why is it that life offices and supporters of such policies do not speak out more strongly?
I can also remember back to 1972/73 when the consumer magazines used to highlight the best and worst of the of with-profits policies and actually supported the best offices at that time.
They actually hailed the low-cost with-profit endowment as the best method of repaying a mortgage.
Never mind, Terry – and all the other with-profits supporters – history will repeat itself and one day we will be seeing reports that justify what you and supporters like you have been saying for years.
Hosking & Lake Financial Services,