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Unit Linked Endowment Policy

teledon
teledon Posts: 1 Newbie
in Mortgages & endowments
Hello everyone

I have a Friends Provident Endowment Policy which I want to sell on but I am finding difficult because it is Unit Linked. It is split between 2 funds 50/50 - Managed and With Profits. I understand there are companies out there that will buy Unit Linked Policies but no seems to know who they. If anyone knows who they are please shout as I dont really want to surrender it. Thank you:mad: :eek:

Comments

  • dunstonh
    dunstonh Posts: 118,501 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You cannot sell unit linked endowments. They have a daily value so if anyone wanted those funds they can go straight to FP and buy them for market value. There is no reason to pay you any more for them.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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