Tep market strong enough to weather bonus rate cuts

with-profits

The fact bonus rates have been falling for with-profits in recent times is a positive for Teps

The traded endowment market is 15 years old this year and the market has seen enormous change over this period, and over the last year or so in particular. So much has happened recently that it is worth taking a look at where this market is today and where it goes in the future. Even the man in the moon must be aware that with-profit bonus rates have fallen over the past few years, although our lunar friend must also realise that this is because of the pretty awful investment conditions we have all had to work with during this period. Many people assume falling bonus rates reduce the attr...