Comments on: Traded Endowment Policies (TEPs) are Relatively Safe Investment http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/ Wed, 08 Feb 2012 04:44:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Martin http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-265 Martin Tue, 09 Jun 2009 13:33:30 +0000 http://www.bigfatpurse.com/?p=1446#comment-265 For the past 15 years I have worked in the TEP market here in the UK. I now act as an independent introducer for other products as well as TEPS. I am now able to view the whole market rather than obtaining policies from just one source (as I had to when working for one company). With the experience that I have gained I consider myself knowledgeable in this niche market. Should anyone be interested in looking to invest I can provide examples of policies which may be suitable. For the past 15 years I have worked in the TEP market here in the UK.

I now act as an independent introducer for other products as well as TEPS.
I am now able to view the whole market rather than obtaining policies from just one source (as I had to when working for one company).

With the experience that I have gained I consider myself knowledgeable in this niche market.

Should anyone be interested in looking to invest I can provide examples of policies which may be suitable.

]]> By: Martin http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-1733 Martin Tue, 09 Jun 2009 13:33:30 +0000 http://www.bigfatpurse.com/?p=1446#comment-1733 For the past 15 years I have worked in the TEP market here in the UK. I now act as an independent introducer for other products as well as TEPS. I am now able to view the whole market rather than obtaining policies from just one source (as I had to when working for one company). With the experience that I have gained I consider myself knowledgeable in this niche market. Should anyone be interested in looking to invest I can provide examples of policies which may be suitable. For the past 15 years I have worked in the TEP market here in the UK.

I now act as an independent introducer for other products as well as TEPS.
I am now able to view the whole market rather than obtaining policies from just one source (as I had to when working for one company).

With the experience that I have gained I consider myself knowledgeable in this niche market.

Should anyone be interested in looking to invest I can provide examples of policies which may be suitable.

]]> By: Alvin http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-264 Alvin Fri, 05 Jun 2009 16:22:45 +0000 http://www.bigfatpurse.com/?p=1446#comment-264 How much he is earning I am not sure. But like what you say, if he is taking as much as what an insurance agent is receiving, on the other hand he is providing a product with a higher potential return. Every financial product has risk, even for a reputable insurance company can face danger of collapse. I am not the right person to comment what will happen to the policy if Dennis's company folds up - it will probably be more appropriate to ask him if you are interested in the product and would like to understand more. However, I believe since the policy is recognized by law with the procedure being handled by lawyers, the policy payout and agreement will still stand with or without Dennis's company. Of course, when buying an investment product, it is best to read the contract terms and conditions carefully and clarify any doubts you have. How much he is earning I am not sure. But like what you say, if he is taking as much as what an insurance agent is receiving, on the other hand he is providing a product with a higher potential return.

Every financial product has risk, even for a reputable insurance company can face danger of collapse. I am not the right person to comment what will happen to the policy if Dennis’s company folds up – it will probably be more appropriate to ask him if you are interested in the product and would like to understand more. However, I believe since the policy is recognized by law with the procedure being handled by lawyers, the policy payout and agreement will still stand with or without Dennis’s company.

Of course, when buying an investment product, it is best to read the contract terms and conditions carefully and clarify any doubts you have.

]]> By: Alvin http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-1732 Alvin Fri, 05 Jun 2009 16:22:45 +0000 http://www.bigfatpurse.com/?p=1446#comment-1732 How much he is earning I am not sure. But like what you say, if he is taking as much as what an insurance agent is receiving, on the other hand he is providing a product with a higher potential return. Every financial product has risk, even for a reputable insurance company can face danger of collapse. I am not the right person to comment what will happen to the policy if Dennis's company folds up - it will probably be more appropriate to ask him if you are interested in the product and would like to understand more. However, I believe since the policy is recognized by law with the procedure being handled by lawyers, the policy payout and agreement will still stand with or without Dennis's company. Of course, when buying an investment product, it is best to read the contract terms and conditions carefully and clarify any doubts you have. How much he is earning I am not sure. But like what you say, if he is taking as much as what an insurance agent is receiving, on the other hand he is providing a product with a higher potential return.

Every financial product has risk, even for a reputable insurance company can face danger of collapse. I am not the right person to comment what will happen to the policy if Dennis’s company folds up – it will probably be more appropriate to ask him if you are interested in the product and would like to understand more. However, I believe since the policy is recognized by law with the procedure being handled by lawyers, the policy payout and agreement will still stand with or without Dennis’s company.

Of course, when buying an investment product, it is best to read the contract terms and conditions carefully and clarify any doubts you have.

]]> By: Sean http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-263 Sean Thu, 04 Jun 2009 15:21:30 +0000 http://www.bigfatpurse.com/?p=1446#comment-263 Hi Alvin Did u ask Dennis NG what he gained from each transaction ? Is it as good as selling an insurance policy in SIngapore ? Who can the "customer" turn to if he need help later ? UK is too far away ... what if Dennis' company cease to exist ? what happen to the policy purchased ? rgds Sean Hi Alvin

Did u ask Dennis NG what he gained from each transaction ? Is it as good as selling an insurance policy in SIngapore ? Who can the “customer” turn to if he need help later ? UK is too far away … what if Dennis’ company cease to exist ? what happen to the policy purchased ?

rgds
Sean

]]> By: Sean http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-1731 Sean Thu, 04 Jun 2009 15:21:30 +0000 http://www.bigfatpurse.com/?p=1446#comment-1731 Hi Alvin Did u ask Dennis NG what he gained from each transaction ? Is it as good as selling an insurance policy in SIngapore ? Who can the "customer" turn to if he need help later ? UK is too far away ... what if Dennis' company cease to exist ? what happen to the policy purchased ? rgds Sean Hi Alvin

Did u ask Dennis NG what he gained from each transaction ? Is it as good as selling an insurance policy in SIngapore ? Who can the “customer” turn to if he need help later ? UK is too far away … what if Dennis’ company cease to exist ? what happen to the policy purchased ?

rgds
Sean

]]> By: James http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-262 James Wed, 03 Jun 2009 05:47:33 +0000 http://www.bigfatpurse.com/?p=1446#comment-262 Hey Alvin, personally, as an Independent Financial Adviser, I strive to offer views from all angles. It's no point trying to see an issue, or an investment product from one's own perspective only. Having said that, it can be tough at times, due to one's personal experience, or even biasness. So, it's always good to take a step back, to see the broad picture, and list the facts, with the least emotions involved. Unfortunately, I am not the best person to ask, about Land Banking but if there is anything that I can't answer, there's always my client, that I can go to, to find out... Cheers! James http://futures-trading.blogspot.com Hey Alvin,

personally, as an Independent Financial Adviser, I strive to offer views from all angles. It’s no point trying to see an issue, or an investment product from one’s own perspective only. Having said that, it can be tough at times, due to one’s personal experience, or even biasness. So, it’s always good to take a step back, to see the broad picture, and list the facts, with the least emotions involved.

Unfortunately, I am not the best person to ask, about Land Banking but if there is anything that I can’t answer, there’s always my client, that I can go to, to find out…

Cheers!

James
http://futures-trading.blogspot.com

]]> By: James http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-1730 James Wed, 03 Jun 2009 05:47:33 +0000 http://www.bigfatpurse.com/?p=1446#comment-1730 Hey Alvin, personally, as an Independent Financial Adviser, I strive to offer views from all angles. It's no point trying to see an issue, or an investment product from one's own perspective only. Having said that, it can be tough at times, due to one's personal experience, or even biasness. So, it's always good to take a step back, to see the broad picture, and list the facts, with the least emotions involved. Unfortunately, I am not the best person to ask, about Land Banking but if there is anything that I can't answer, there's always my client, that I can go to, to find out... Cheers! James http://futures-trading.blogspot.com Hey Alvin,

personally, as an Independent Financial Adviser, I strive to offer views from all angles. It’s no point trying to see an issue, or an investment product from one’s own perspective only. Having said that, it can be tough at times, due to one’s personal experience, or even biasness. So, it’s always good to take a step back, to see the broad picture, and list the facts, with the least emotions involved.

Unfortunately, I am not the best person to ask, about Land Banking but if there is anything that I can’t answer, there’s always my client, that I can go to, to find out…

Cheers!

James
http://futures-trading.blogspot.com

]]> By: Alvin http://www.bigfatpurse.com/2009/06/qa-on-traded-endowment-policies-teps/#comment-261 Alvin Tue, 02 Jun 2009 10:15:04 +0000 http://www.bigfatpurse.com/?p=1446#comment-261 Thanks James for pointing out the risk. I believe it is important to layout all the risks that are inherent in every investment products so that all of us can make an informed decision to whether to take them or not. I welcome different point of views and definitely need people like you to contribute! Thanks once again. As for land banking, I believe I will be covering shortly and maybe I can get your input as well? :) Thanks James for pointing out the risk. I believe it is important to layout all the risks that are inherent in every investment products so that all of us can make an informed decision to whether to take them or not. I welcome different point of views and definitely need people like you to contribute! Thanks once again.

As for land banking, I believe I will be covering shortly and maybe I can get your input as well? :)

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