Selling with-profits life policy - help needed
24 January 2009, 07:58 PM
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Selling with-profits life policy - help needed
For city traders please.
I want to raise some cash and have been trying to sell a Standard Life policy. I can surrender to Standard Life but there is a market for these policies which may give me a higher cash value. I have contacted a few dealers/traders but market seems flat at the moment. So does anyone have any suggestions as to who I can approach please? A pm is fine. Cheers, David
I want to raise some cash and have been trying to sell a Standard Life policy. I can surrender to Standard Life but there is a market for these policies which may give me a higher cash value. I have contacted a few dealers/traders but market seems flat at the moment. So does anyone have any suggestions as to who I can approach please? A pm is fine. Cheers, David
24 January 2009, 08:07 PM
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It used to be quite popular but I think with bonus rates falling like a stone and life assurance compaines applying Market Value Adjustments to their With Profits funds the market for traded endowment policies dried up.
Last edited by EddScott; 24 January 2009 at 08:08 PM.
24 January 2009, 08:08 PM
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which I would like to hold onto if I can. Cheers, d
d
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