AAP rubbishes Baronworth's criticism of Scottish Widows

Absolute Assigned Policies (AAP) has defended Scottish Widows' decision to set up a link with the Association of Policy Market Makers' (APMM) and slammed the severe criticism the life office subsequently sparked from Baronworth Investment Services (BIS). Traded endowment policy market maker, AAP, branded BIS's criticism as inaccurate and unfair and in some cases 'nonsense'. Scottish Widows established a link with the APMM to 'help policyholders explore options before surrendering endowment policies'. BIS condemned the decision as 'appalling' and not in policyholders' best inte...