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Endowment Articles & Press Releases
Endowment Articles / Endowment Information Press ReleasesHigh Time to Sell Your With-Profit Endowment Policies New analysis from independent financial magazine "Money Management" shows that payouts to with-profit endowment policyholders are continuing to fall. The list includes some of the biggest insurance companies in UK...Read More » Best Price Endowment Selling Process and the Future of TEPs The traded endowment market exists because over 100,000 people each year decide to sell endowment policy or surrender endowment. Most endowment life insurance policies were originally taken out for 25 years, but the majority of policyholders never wait until maturity for cashing in endowment and surrender them...Read more » Endowments explained Pat Bunton of London & Country Mortgages answers your questions about endowments. For more information about endowment shortfalls, visit the Financial Services Authority website. Elaine Turner from Dorset says: "We have an endowment policy linked to part of our mortgage...Read More » Better money for endowments Endowments have had a bad press in the UK, but there are investors in Europe keen to snap them up second-hand, which could be good news for people with a suitable policy they want to get rid of. Endowments were mainly sold alongside mortgages to pay off the debt at the end of the 25 years...Read More » Prudential announces endowment time-bar Prudential announces endowment time-bar By Clare Francis Prudential, one of the country’s largest insurers, today announced that endowment customers who believe they were mis-sold their policy have just six months to lodge a complaint. Endowments were a popular savings vehicle used by homeowners in the 1980s and early 1990s. ...Read More » MP's endowment mortgage campaign A Scottish MP has vowed to help thousands of house owners who have been mis-sold mortgage endowment policies. Sandra Osborne helped bring in tough new rules governing the sale of endowment policies by banks and building societies...Read More » Problems with your endowment policy? Problems with your endowment policy? Only five years ago, the UK's Financial Ombudsman Service (FOS) opened to deal with consumers' complaints. Back in 2000, the staff were dealing with approximately 25,000 consumers a year who were complaining about various finiancial companies, but in just five years this figure has shot up to 110,000...Read More » An endowment policy? An endowment policy An endowment policy is a savings policy which provides life assurance cover for a policyholder. The policy exists for an agreed term, the minimum term usually being 10 years...Read More » Endowments, Pearls of wisdom The industry is reaching a critical stage in the mortgage endowment crisis and advisers have much to learn from the past when taking client relationships forward Last month, the Financial Ombudsman Service (FOS) suggested that mortgage endowment complaints at its office have peaked...Read More » Integrity - Our name says it all
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