This site aims to provide authorised finance professionals (see business terms) with a fast 24/7 trading platform for the buying, and selling of traded endowments, and whole of life policies.

All legal work associated with policy trading, is out sourced at our expense, to one of our appointed specialist law firms, thereby providing maximum security for document assignments, and at the same time, ensuring conformity with the Governments latest money laundering requirements.

Top priority responses will be given to email submissions via this website to:-

enquiries@waymossonline.com

or By phone on 0791 8648200

Thinking of buying a Traded Endowment Policy?

If you are - then all you should be concentrating on is the consolidated value of the guaranteed sum assured, and bonuses allocated to date, minus the future premiums still to pay. Ideally the net total should be more than the purchase price being asked for the policy, which these days will be about 108% of the surrender value.
Of course you have to continue to pay the ongoing premiums whatever happens, but the basic sum assured and issued bonus can not be withdrawn and are therefore carved in stone.
All in all you now have a guaranteed no loss product with the benefit of a terminal bonus kicker, but as this is a variable factor, caution and advice are needed at this stage.
Accountants ... Read more

Disappointed with Legal & General?

We are!
For a Company that paid out bonuses throughout two world wars, to now cut dividends to shareholders beggars belief.
We know good reasons are given for the reduction i.e. - change of accounting practices etc. but for a Company that relies on dividends from investments to underwrite life and pension obligations what are they thinking of?
We are told the cash held back from dividend payout... Read more