Endowment with profits- keep or swap

Options

jaymar2897 Posts: 1 Newbie

14 July 2008 at 10:49PM in Mortgages & endowments

Hi,
i took out a endowment with profits policy from britannic in 1998 to run for 20 years. I invest £25 a month and over the last 10 years have invested £3000 pounds, the policy at present is worth £5500. Should i carry on saving in this policy for another 10 years, or is there a better way of investing these savings without risk

.

Hope you can help.

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

MSE News

EE and Plusnet to refund exit fees for some and allow others to leave penalty-free after failing to give key contract info – what you need to know
If you joined EE or Plusnet on or after 17 June 2022 and were charged early exit fees after leaving your broadband, landline, mobile or TV contract early, you may now be due a refund.
How to get free pet food and treat coupons for cats or dogs
Pets aren't free, and usually react even worse than children when you try to downshift their dinner, so with the cost of living crisis showing no signs of letting up, is there any way to save money on your pets quickly and easily? I've found a few apps that could help, but it's worth noting most (not all) discounts are mainly for cats or dogs.
Nationwide to pay £100 'Fairer Share' bonus to millions of customers again – here's who will get the payment and when
The £100 bonus will be paid to millions of the building society's current account customers who also have savings or a mortgage with it.
Martin Lewis: 'Chancellor – will you end the awful cliff-edge on carer's allowance that means if you earn 1p over £151 and you lose £80 a week?'
MoneySavingExpert.com founder Martin Lewis has grilled the Chancellor Jeremy Hunt on whether he'll fix a so-called "cliff-edge" with carer's allowance that causes people to lose their entitlement when they earn just a penny over the threshold.
MPs finally call for compulsory financial ed in English primary and secondary schools after damning evidence from Martin Lewis and others
MoneySavingExpert.com founder Martin Lewis has welcomed the Eduction Committee's new report – which has put forward many of his proposals – arguing that every child deserves to be properly equipped for independent financial life.
Santander cuts rate on popular 5.2% easy-access savings account – should you switch?
Santander has cut the rate on its popular easy-access savings account from 5.2% to 4.2% – but you can easily beat this by switching elsewhere.
Tesco shopper? Check if you can earn up to £50 in bonus Clubcard points with its limited new offer
If you have a Tesco Clubcard, you may be able to earn up to £50 in bonus points from Monday 20 May, as the supermarket is trialling a limited new promotion called 'Clubcard Challenges' for some shoppers.
Get 'paid' to walk using free apps
Walking has great value – not just to your health, or to the environment, but also monetary value. This is because there are a plethora of free apps (or ones you can use if you have certain health/life insurance plans) that effectively pay you to walk.
Tesco shopper? You've got TWO WEEKS left to spend £17 million of expiring Clubcard vouchers – or extend them with our trick
If you've got a Tesco Clubcard, check when your vouchers are due to expire as there are two weeks left to spend or extend nearly £17 million-worth before they run out on Friday 31 May.

View All

Endowment with profits- keep or swap

Categories

Get our FREE Weekly email full of deals & guides - and it’s spam-free