The cushion effect of Teps

Mortgage endowments may have had a bad press but Teps offer a safe way to achieve solid returns

When putting together investment portfolios some people's approach can be likened to riding high in a hot air balloon, while some just look to the skies in the hope that the winds will take them upwards. Others rummage around in the basket checking for a parachute or padding to cushion the blow on impact. What most investors would really like is some sort of guarantee that their balloon can cope with most eventualities. It has been these needs that have added to the growth in popularity of guaranteed products. The search for these guarantees had led many investors to consider traded endo...