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GE new limited endowment plan

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Old 06-12-2018, 08:49 AM   #1
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GE new limited endowment plan

GE just launched a new 4years participating endowment plan today, with guaranteed 2.2%pa + potential bonus up to 2.6% pa.

If i choose to surrender at year 3, i still can get up to 2.4%pa of return.

Does this look like the interest hike might stop around 2.4% for the next few years? As they cant promise to give a guaranteed 2.6% for the next 4 years.
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Old 06-12-2018, 09:00 AM   #2
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they sold 5 year endowment with guaranteed 2.7% pa a few mths back
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Old 06-12-2018, 09:06 AM   #3
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Mkt is spoilt for choices as interest rate is heading north.
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Old 06-12-2018, 09:25 AM   #4
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exactly, since they were so confident at 2.7% why not give 2.6% gusranteed?

they sold 5 year endowment with guaranteed 2.7% pa a few mths back
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Old 06-12-2018, 09:50 PM   #5
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Your wife still selling this plan?
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