New endowment
website for IFAs promises fast action, fast results, wine and
more
Released
on: November 14, 2007, 10:41 am
Press
Release Author: AAP
Industry:
Financial
Press
Release Summary: A new website has been launched for Independent
Financial Advisers to make valuing and purchasing a client’s
endowment much easier. IFAs can also get 25% off a case of wine!
Press
Release Body: aap, the UK’s largest endowment
policy market maker, has launched IFA FastTrack,
a dedicated website which streamlines the process of valuing and
purchasing a client’s endowment policy.
IFAs
(Independent Financial Advisers) are increasingly being
asked to advise clients on how to deal with poorly performing with-profit
endowment
policies. Surrendering the policy to the original issuing life
company is not always the most cost-effective solution and therefore
many IFAs are looking to market makers such as
aap for a valuation uplift and increased payout.
IFA
FastTrack offers IFAs:
• A fast, and easy to use online endowment policy valuation
process, that will have the policy details on aap’s system
in seconds
• Cash offer of up to 35% more than the issuing life company’s
surrender value
• Cash offer for suitable policies within 48 working hours
• An efficient step-by-step online process from valuation
of policy to receipt of payment, normally within 21 working
days
• A dedicated IFA Fast Track team on hand to offer support
Dan Farrow, CEO of aap’s parent,
the TIS Group, comments: "The market for TEPs
(Traded Endowment Policies) is expected to double in the
next three years as clients look to review and restructure their
finances and there has never been a better time for IFAs to receive
a significantly higher payout for a policy.
"aap
supplies endowment policies to a number of institutional
endowment policy funds and we therefore have funds readily available
to buy these policies.
"Our
website offers IFAs a quick and simple way to sell
endowment policies enabling them to continue providing their clients
with the best possible service And with a touch of early seasonal
goodwill, any IFA who registers with IFA
FastTrack will receive a 25% discount voucher towards a
case of wine ordered through www.virginwines.com.
Further
details on IFA FastTrack
---ENDS---
Web
Site: http://www.aap.co.uk
Contact
Details: AAP
Andy Mossack
Marketing Director
Tel: 020 8282 8072
Email: andy@aap.co.uk
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