Some TEP providers are offering significantly higher prices to buy Standard Life and Royal London en...
Some TEP providers are offering significantly higher prices to buy Standard Life and Royal London endowments from clients who wish to surrender them, than most other endowments providers. Chartwell points out there is now big demand from market makers for policies from both Standard Life and Royal London, even though market makers are commonly willing to pay 20% or more to buy the endowment on top of the surrender value. In one case, a client with a Royal London endowment and a surrender value of £22,926.44 is being offered £43,223.20 for the policy, an amazing increase to the val...
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