AAP to offer valuations via online service

Traded endowment market maker, Absolute Assigned Policies (AAP), has unveiled an online valuation service that allows IFAs to track the value of a clients' endowment policy on the open market. The service is free and can provide IFAs with an instant quote showing how much AAP considers the policy to be worth. This can hugely reduce the time taken to manually process an endowment valuation. The valuations are on average 15% higher than the surrender value offered by the original product provider, but can be as much as 35% higher. Should the client decide that they want to sell their...