- There are estimated to be 5.3 million people holding endowment polices, who face a shortfall
- The average shortfall is expected to be £5500
- The total value of the shortfall is expected to be £30BN
I fear that these are very optimistic estimates, to say the least; and suspect that the average shortfall will be in the region of between £10K-£20K.
On the this basis, we are likely to see a total shortfall of around £100BN.