Tax Exempt Savings Plans [TESPs]

planteria

i just quoted the text from pp's link.

and you are mistaking me for someone that is obliged to "finally" concede to your peculiar demands.

anyone interested in TESPs can do their own research.:search: as far as i'm concerned, that is the only way.

planteria

are there other investments available where we can earn bonuses on money not yet invested? do you have non-TESP investments with Friendly Societies that pay out in this way, pp?

innovate

jimjames wrote: »

You're plugging it again when we still don't know who would want or need a tax free allowance of £25 outside of their ISA.

planteria's unwillingness to answer the repeated question leads me to believe that they either don't understand the question, or they know that there is no sensible answer to it.

Though may be I am wrong, may be if we keep asking we will get a plausible answer one day. Suspicion remains in the meantime that they are just plugging it with referral money in mind.

planteria

:T

but in the real world, i choose to invest in TESPs, you have pointed out that i am an introducer to Kingston Unity, Sheffield Mutual and Healthy Investment friendly societies, i can provide information, and if anyone is interested they can consider the facts for themselves. it's not about me, or anyone else, justifying financial products for another forum member, even if you are a good laugh.

innovate wrote: »

..may be if we keep asking..

...you'll make fools of yourselves;).

planteria

come back to me re. this if you get change pp:

planteria wrote: »

are there other investments available where we can earn bonuses on money not yet invested? do you have non-TESP investments with Friendly Societies that pay out in this way, pp?

are there other investments that have this benefit, rather than just buying units as you actually invest your own money?

patientperson

planteria wrote: »

25% bonus:T

Steady planteria !! .. not 25% for all I am afraid.

This is a copy from my post dated 19-10-2013: Druids Sheffield do not issue an update but the original benefit amount (Table 20 in my case) is guaranteed and at 2009 the literature quoted a bonus is also payable at maturity and 25% was the figure operative at that time.

I have explained before that Friendly Societies issue products linked to Table numbers which is roughly translated to an Issue number.

Looking at the Druids website this morning the TESP are now using Table 52 (inluding life cover) and Table 53 (No life cover).
No mention of a 25% bonus in their pdf downloads but perhaps a terminal bonus.

patientperson

planteria wrote: »

are there other investments that have this benefit, rather than just buying units as you actually invest your own money?

Not to my knowledge.

innovate

planteria wrote: »

:i am an introducer to Kingston Unity, Sheffield Mutual and Healthy Investment friendly societies, i can provide information, and if anyone is interested they can consider the facts for themselves.

Thank you for confirming that you are an introducer for a niche product(s) whose benefit to anybody over and above mainstream products you have been completely unable to explain. Selling in this manner is one of the most despicable things I can think of anyone would do because you would clearly quite happily pocket other people's money (if only indirectly) for an inferior, and mostly inappropriate product. As has been pointed out, no financial professional would ever recommend any TESPs.

patientperson

planteria wrote: »

TESPs for all pp:T

Only for those that want them planteria !!

planteria

patientperson wrote: »

Steady planteria !! .. not 25% for all I am afraid.

i know, yes. good for those that land it though.:D