Report comment

I'm sure most insurance companies would be delighted to manage the money on behalf of clients through their investment vehicles. 2.5% cost of money for an insurer when their internal rates of interest are way in advance of this for any business case that needs funding. Insurers may be better placed paying guaranteed lifetime annuities index linked with 3-5 year independent case reviews, with an upfront lump sum. Probably hit their solvency 2 requirements, but removes risk for the client, insurers get to hold onto the cash to invest in their development.