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Endowment suppliers commitment.
Dazler12
Posts: 1 Newbie
How are endowment providers that sold policies with the intent that to achieve the sum insured a 4.2% return is needed year on year.
So how many suppliers that are not achieving the 4.2% return year on year are still making profit? but still sending out shortfall letters?
How many of these are paying bonuses to staff rather than making the policies achieve at least the 4.2% return?
I was always told that the final 5 years of bonuses make up the main pay out total at the end of the policy, is this true?
So how many suppliers that are not achieving the 4.2% return year on year are still making profit? but still sending out shortfall letters?
How many of these are paying bonuses to staff rather than making the policies achieve at least the 4.2% return?
I was always told that the final 5 years of bonuses make up the main pay out total at the end of the policy, is this true?
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