Ignorance of TLPs is remiss, say panel

Traded life policies (TLPs) constitute a substantial new asset class that needs to be recognised as such by investors, particularly given the present lack of understanding of them by the industry and the general public. Germany is currently the biggest European consumer, but the UK and other European countries remain largely ignorant of the value they offer. This was a key conclusion made by a recent roundtable debate on TLPs hosted by Managing Partners Limited (MPL). TLPs are whole-of-life policies issued in the US and sold before their maturity dates at a deep discount from their expect...