SL Investment Management (SL), the traded endowment policy (TEP) and life settlement provider, has acquired former competitor PolicyPlus.
AVD, the Austria-based provider of traded endowment policies (TEPs), is launching in the UK.
Advisers could be "missing the boat" on traded endowment policies after an investment deal highlighted the strength and size of the industry.
Webline plans to launch quotations for annuities, traded endowment policies and general insurance such as ASU and household by early January next year.
Brian Goldstein , managing director of Policy Portfolio , points out with-profits investments still offer good returns through the traded endowment market.