Free TEP guide available

Traded endowment policy (TEP) market maker Policy Portfolio is offering a free guides to TEPs that IFAs can use when explaining such products to their clients. Policy Portfolio says the products can provide a low risk investment solution for those looking to save over a 3 to 18 year period. TEPs are essentially second-hand endowment policies traded on the open market with a guaranteed element. Because the purchase price is often below this guaranteed element, the risk of capital losses are low provided the premiums continue to be paid. The free guide from Policy Port...