Seeking an investment guarantee

In today’s uncertain market investors require certainty and financial advisers need to identify investments that command confidence. In the current market this is not easy. For the last two years we have become sensitised to the media coverage of the with-profit market and stories of mortgage shortfalls. Yet despite this some endowment policies shine like beacons in the gloom of volatile stock markets, rising interest rates and mortgage endowment shortfalls. These policies are traded endowment policies, or TEPs. Falling investment returns and a fear of investments in general have posi...