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Endowment policies

Our policies are just coming out with the lovely NU or should we say Aviva. When they write to you we have found that the policies are showing a value based on approximately +1.5% however having just received a cheque we have found the policy in 25 years has made a loss of about 5.5% below the negative is this correct? Or are the Aviva just ripping us off. We cannot understand why six weeks before payment they are worth according to them so much more

Comments

  • dunstonh
    dunstonh Posts: 120,428 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    We cannot understand why six weeks before payment they are worth according to them so much more

    The stockmarket, up to last week has had 4 weeks of continuous loss of nearly 10%. So, a drop in the terminal bonus is likely.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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