Worrying research published by the Consumers' Association reveals two-thirds of consumers with an en...
Worrying research published by the Consumers' Association reveals two-thirds of consumers with an endowment shortfall have done nothing to reduce its impact. An online study of 4,850 endowment holders - just as the third round of projection letters are being sent out - suggests the average shortfall is so far around £8,680 but that figure increases to £11,408 among the top ten endowment providers as the CA table shows: CompanyAverage shortfall on an endowment policy Abbey Life £12,910 Axa Sun Life £12,540 Scottish Life £12,130 Winterthur Life £12,040 Scottish Provi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
