UK - Traded endowment policies (TEP) should be considered as a top-up investment to sit alongside defined contribution pensions, says TEP marketmaker Policy Portfolio.
The policies which mature when individuals reach retirement age can also be used within a SIPP or a SSAS it says.
Policy Portfolio managing director Brian Goldstein said: “Besides being extremely flexible, TEPs provide a greater degree of safety and security than many other investment vehicles.”
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