View more on these topics

Neville James highlights the benefits of selling endowments


Traded endowment policies specialist Neville James is promoting the benefits of selling endowment policies as an alternative to policy surrender.


The company says policyholders can make possible gains of up to 30 per cent more by selling rather than surrendering their plans.


It says recent warnings by the Institute of Actuaries about the effects of low inflation and low interest rates leading to the further cuts in endowment bonus rates, has led to many policyholders considering the future of their policies.


Neville James is therefore urging anyone thinking of cashing in their policies to think again and consider selling instead.

Recommended

Scotland takes sixth spot in Europe

Scotland is currently the sixth largest equity management centre in Europe according to a survey by Thomson Financial Investor Relations.Its latest &#391999 Target Cities&#39 report says Scotland experienced a 26 per cent increase in equity funds under management to $238.8bn from $188.5bn in 1998.The latest figures sees Scotland jump above last year&#39s sixth placed city […]

Timms leaves stakeholder door open for IFAs

Pensions minister Stephen Timms has left the door open for IFAs selling stakeholder despite capping charges at 1 per cent per annum. Timms says saying clients in existing pension schemes must get advice before they can move into stakeholders opening a clear market up for IFAs.And he admits it could be paid for by an […]

CIS urges the Government to increase life assurance Isa limit

Co-Operative Insurance Society is urging the Government to increase the amount of cash allowed to be invested in insurance Isas to £5,000 from £1,000.The society says increasing the investment limit to £5,000 to match the limit for stocks and shares Isas will help boost insurance Isa sales and provide greater scope for the product to […]

Old Mutual appoints investment manager

Old Mutual Unit Trust Managers has appointed Chris Lynch as Investment Manager for the South West Region.Lynch will be responsible for intermediary sales and servicing of unit trusts and Isas within the region.He joins Old Mutual from CGU where he worked as a consultant at its Bristol office.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com