Traded Endowment Plans Compared with Education Savings Plans?

Hi Seedly community,

I was searching for education savings plans to fund my child's university education. When I searched online, I came across this Ad from TES Invest that claims that traded endowment plans provide much higher returns than new education savings plans. They even sourced education savings plans from MoneyOwl to compare with as shown in the screenshot below.

I would like to seek your views on the following:

How does taking over of traded endowment plans work?
What is the catch in getting traded endowment plans for the returns?
According to the recent news, since MAS is proposing enhanced safeguards for marketing of financial products, is the mentioned comparison OK with you as a digital marketing material?

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Lisa Lisa

21 Jun 2023

Yes, education is quite expensive these days. Therefore, when entering college, it is worth doing your best to achieve good academic performance. If you have difficulty, you can go to cheap essay writers www.essayshark.com to write your paper and avoid problems with your studies. In my opinion, the main thing in successful study is thorough preparation and passing exams with excellent marks.

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Just_Saying

08 May 2023

Traded Endowments are not popular now as the market interest rates is high. You wont gain much from buying traded endowments from the previous 10 years offering low returns.

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Robin

03 May 2023

Administrator at SG

I will not consider either due to the lock-ins.

Ownership of your funds

Just prefer to have fu...

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