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.
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Reattribution windfall bonus at Prudential
It has been reported that Prudential are having second thoughts about distributing any of their £8.7 inherited estate. With all of the rest of the financial market place in a complete state of disarray why take a chance of rocking the boat, and as they say the surplus funds underpin the "with profit" funds, which have shown above average returns in the past few years, and as such remain one of our favourite fund managers. All other orphan payouts have followed the traditional line of adding windfalls on to existing bonuses with very little cash here and now, so Prudential by achieving above average results for policyholders seem to be doing the same thing, and that's what counts at the end o...
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Inherited Estate - clarification
The companies within the Aviva group consisting of Commercial Union, Provident Mutual, and Norwich Union, all have funds to distribute when the formula has been agreed with the Policy Advocate. However,only Norwich Union policyholders who effected policies after the year 2000 will be entitled to any re-attribution funds, as it would seem on demutualising in 2000 this feature was taken into accoun...
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