Recession boosts life settlement returns - PSL

The firm says low interest rates have not affected its steady returns, and is hopeful that falling demand from institutional investors will help it negotiate lower prices. With interest rates at a record low of 1.5%, and the recent crash in equity values, PSL's Finance Director, Andrew Walters, says investors should be looking at other asset classes which can provide them with steady returns. "Stock market volatility in 2008 saw many investors making a flight to cash to shield against falling equity values, but that cash is now doing nothing as the Bank of England has slashed its base r...