The two key questions to be answered are:
- Do long term insurance guarantees have a future in the UK?
- What could be done to make them more affordable and attractive?
Additional areas we also plan to investigate are:
- Can these products be simplified to ensure that the customer understands the features/risks?
- Is there consumer confidence / a market for these products following Equitable Life and mis-selling of endowment mortgages?
- How viable are these products in a low interest environment?
- What new products and features could be developed to meet any need?
- Are there any limitations imposed by current capital requirements that would require to be overcome?
Guarantees in Retail Products – Do they have a Future in the UK? Webinar 15 January 2021
A presentation at Life Conference 2020
- A final report
- 9 November 2017
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If you want more information about this research working party please contact the Communities Team.
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