As Actuaries, I am interested in your opinions about the viability of PAR Whole Life in this low interest rate environment. How much of a negative impact would IFRS (phase 2) have on PAR? Are you concerned about the continual decline of lapse gain in PAR pools?

Or simply put, if you or someone you knew were looking for long term estate protection, would you recommend PAR? Why?

I look forward to your responses.