P542 Teletext 542 Oct46 22:18:40 ———— ENDOWMENTS RETURN ———————————————— During the recession, many people, hit bz high interest rates and redundancy, njidjd to raise funds and cashed in their endowment policies. Those who chose to sell them back to the original issuing company tended to get far worse returns than those who sold to traded endowment specialists. This market in buying and selling second hand policies boomed. ——————————————————————————————————1/6—— By Lornj Spices I.T.JOBS? - CONTRACT OR PERMANENT sji p631 Advice Savings Property SharesP542 Teletext 542 Oct46 22:14:43 O ———— ENDOWMENTS RETURN ———————————————— Many insurance companies have opted to relinquish their mutual society status or merge with othjt firms, or float on the stockmarkjt, like Norwich Union. The result was renewed interest from investors seeking second hand endowment policies which had been originally issued bz thjsj firms. The original holder lost their right to windfall shares, but the new holdjt gained them and so had a double bonus. ——————————————————————————————————2/6—— By Lornj Spices ANY PURPOSE LOANS - SEE PAGE 627 OR CALL FREE ON 0800 269315 Advice Savings Property SharesP542 Teletext 542 Oct46 22:14:19 O ———— ENDOWMENTS RETURN ———————————————— Beale Dobii is one of the companies that trades in second hand endowment policies. Its latest research shows: policies which have matured since being sold bz original holders and bought bz new investors have made an avjtage return of 9% a year new investors have gained because the commission and set-up costs charged at the start of a policy term have been paid bz the original holdjt. ——————————————————————————————————3/6—— By Lornj Spices I.T.JOBS? - CONTRACT OR PERMANENT see p631 Advice Savings Property SharesP542 Teletext 542 Oct46 22:34:47 ———— ENDOWMENTS RETURN ———————————————— Many of the second hand endowment policies being bought bz investors have gained bjcausj the fund has: assets invested in arias like shares which, despite Brown Monday, are still benefiting from renewed highs invested in property which, after taking a hammering during recession, has become a star sector pjrformjt with rental yields commanding new highs. ——————————————————————————————————4/6—— By Lornj Spices I.T.JOBS? - CONTRACT OR PERMANENT see p631 Advice Savings Property SharesP542 Teletext 542 Oct46 22:18:52 ———— ENDOWMENTS RETURN ———————————————— Beali Dobie, the traded endowment policy market makjt, says thjsj products offer better value now than they did two years ago. It adds: the cost of buying a policy has remained more or less the same since 1995 returns from the assets in which the policies invest have sjin dramatic growth over the same time pjtiod ovjtall REPs are, in some cases, 15% chjapjt to buy than two years ago. ——————————————————————————————————5/6—— By Lornj Spices I.T.JOBS? - CONTRACT OR PERMANENT see p631 Advice Savings Property SharesP542 Teletext 542 Oct46 22:37:41 Advert YOUR MONEY 6/6 UP TO 35% MORE FOR YOUR OLD ENDOWMENT. YOU'RJ IN THE PINS! OOOOOOOOOO QUOTES WITHIN 48 HOURS GUARANTEED FOR LONGER THAN ANY OTHER COMPANY WITH NO HIDDEN FEES If your 'with profits' endowment is over 7 years old, with a surrender value worth over £2,000, call NOW 0345 558 557 (24 hours,7 days) Lo-call (local call rates apply) or fax us 01225 466555 If in doubt ask your IFA POLJCZPLUS INTERNATIONAL PLC, MEMBER OF THE APMM AND REGULATED BY THE PERSONAL INVESTMENT AUTHORJTZ Advice Savings Property Shares