Market Update - Spring 2008

2008 Bonus Season

With announcements in from all of the major Life Offices, this year's bonus season is now drawing to a close. Not surprisingly, given the current economic climate, the announcements have been a real mixture.

For more information on the 2008 bonus season >>

Current Economic Conditions

With all of the recent speculation about the ‘global credit crunch', it is significant that according to risk rating agency Fitch, the exposure of UK Life Offices to the US sub-prime market is minimal.

For more information on the current economic conditions >>

The Future Prospects of With-Profits

The increasing polarisation between the strong and weak Life Offices is likely to continue with the stronger companies that have higher Equity Backing Ratios (EBRs) producing better long term growth for investors.

For more information on the future prospects on with-profits >>

The Endowment Growth Fund (EGF) is the first sub-fund of InvestmentPlus plc, which is regulated by the Irish Financial Services Regulatory Authority. Registered in Ireland No. 289965. Registered office 39/40 Upper Mount Street, Dublin 2, Ireland. EGF is distributed by PolicyPlus International plc which is authorised and regulated by the Financial Services Authority and is a member of the Association of Policy Market Makers. Registered in England No. 2392989. Registered office King’s Court, Bath, BA1 1ER, England.