The credit crunch has created a window of opportunity to buy traded life policies (TLPs) offering returns of around 10pc per annum, according to Managing Partners Limited.
With several large financial institutions that have previously been big buyers of traded policies temporarily pulling out of the market, policies can currently be purchased at discounted rates, MPL's managing director, Jeremy Leach, asserted. He added: "Not only are TLPs immune to the turbulence being seen on financial markets, investors can even benefit from it. The fallout from the credit crunch means that investors will have a golden chance to get into this asset class and we are very happy to offer retail investors even more incentive with our enhanced allocation rate." While TLPs...
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