We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Endowments: terminal bonus rates falling
Comments
-
CIS cuts their bonuses - this took some finding, amazing how quiet these things are kept !
http://www.cfs.co.uk/servlet/Satellite?c=Page&cid=1199261362641&pagename=Corp/Page/tplCorp&currart=1223017182708&currmth=10Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
!!!!!!_here wrote: »CIS cuts their bonuses - this took some finding, amazing how quiet these things are kept !
http://www.cfs.co.uk/servlet/Satellite?c=Page&cid=1199261362641&pagename=Corp/Page/tplCorp&currart=1223017182708&currmth=10
Actually, reading it once again, this bit sticks out:
A 25-year £50 per month endowment policy maturing on 1 October 2008 will pay £37,523, an average annual return of 6.7 per cent. This compares to £37,588 had the policy been surrendered on 1 October 2007.
So a year's extra life cover has cost £665 plus the year's interest on £37,588, potentially. Impressive stuff, CIS. No wonder they kept it quiet. :mad:Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards