GE new limited endowment plan

[keat84]

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.

 

[maple96]

they sold 5 year endowment with guaranteed 2.7% pa a few mths back

 

[SBC]

Mkt is spoilt for choices as interest rate is heading north.

 

[keat84]

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

 

[JuniorLion]

Your wife still selling this plan?