Personal finance: Loose change

THE PRICE of traded endowment policies has fallen because of fears of reduced annual and terminal bonuses, but the policies are now cheaper and less volatile than shares, say TEP market-makers Policy Portfolio. (0181-343-4567 for a stock list). Average annualised growth of policies sold last year was 10.35 per cent.

FAMILY MEDIATION is a cheaper option for divorcing couples according to the UK College of Family Mediators, established in 1996. Mediators can be found in the phone book or by calling the college on 0171-391-9162.

PROPERTY-OWNERS on the Net looking for a cheaper remortgage can access www.moneyeXtra.com 24 hours a day for a free search facility.

PAUL YOUNG, the independent financial advisers, is offering a free guide to Venture Capital Trusts aimed mainly at individuals with CGT to pay. Call 0500-701707 during office hours.