Standard Life windfall news

ReportInvestor

tarquincat wrote:

The calculation seems to give much more credance to the age of the policy, rather than how much you are paying in

If we are to be educated by this, we should probably take note of the

Age of money argument

and

Compound interest

If you understand these two, you will generally make a good long term investor .

We all live and learn, hopefully.

ReportInvestor

tripnip wrote:

For a plc with £10 billion spare!

Ah. One of the sensible guys/gals . What a pity - for almost all readers of this thread - you weren't in the majority in 2000 .

TrickyTrotter_2

Got my pack today

25 yr low cost endowment started April 86 for £40k premium £57.80 pm.
1182 shares - will hold and wish for a takeover,

Thanks for the thread ReportInvestor. Didn't have much of a clue about how many until you started this thread, but reading this I guessed 1100.

Think it disgracful that SLife have not given members any real means of calculating or checking what their allocation should be, but hey £180m doesn't go far these days. We've all learnt the hard way and now all know that the life assurance industry is completely opaque and byzantine. Hard to believe that the Board are supposed to be our elected representatives!

ReportInvestor

TrickyTrotter wrote:

Think it disgracful that SLife have not given memebrs any real means of calculating or checking what their allocation should be

Well if we carry on at this rate, next weekend's press will have all the information they need .

IMHO knowledge is power.

All MSE readers have the right to know that their windfall calculation is accurate.

Keep the numbers coming in, everyone

tripnip

ReportInvestor wrote:

Well if we carry on at this rate, next weekend's press will have all the information they need .

IMHO knowledge is power.

All MSE readers have the right to know that their windfall calculation is accurate.

Keep the numbers coming in, everyone

Had any luck crunching my numbers?

ReportInvestor

I don't even know what sex you are.

Or if you are noahweil in disguise .

I'll give it a go, but you aren't first in the queue.

You're just trying to test me, rather than your numbers.

tripnip

ReportInvestor wrote:

I don't even know what sex you are.

Or if you are noahweil in disguise .

I'll give it a go, but you aren't first in the queue.

You're just trying to test me, rather than your numbers.

Male, 31.
Not testing you really, just interested in what you think that combination of policies would produce. I remember Colonial indicated how many shares each policy had been allocated and I wondered whether you would have a rough idea what each policy had contributed to the total. Although I think my allocation was probably selected by Guinevere using set of balls number 3 anyway.

Don't mean to seem impatient, sorry!

ReportInvestor

Big update

Adding Tricky Trotter, tarquincat, holidayqueen, cautious bob, mortgage & debt free, Ian W and mikeassured.

If you are replying to this post, please click on "reply", not "quote" - otherwise it reduces bandwith and adds to tedium

An assessment of variable windfalls based on contributions into endowment policies from the start to March 2004. All 25 year endowments unless stated

April 1982 - ?39.6%? of contributions - hall2056 - A guestimate coz hall had two policies. Includes LAPR of 10%.
April 1983 - 36.9% of contribtions - holdayqueen - includes LAPRelief of 10%
?Month? 1983 - 22.5% of contributions - noahveil (worked out by nv, not RI) . includes LAPR of 10%.
?June? 1984 - 30.8% of contributions - rolo1952 (contributions & month still approximate). The numbers suggest March 1984 to get LAPR.
February 1985 - 23.6% of contributions - Gorgeous George
September 1985 - 20% of contributions - benz
April 1986 - 21.7% of contributions - Tricky Trotter - Low cost endowment
May 1986 - 21.0% of contributions - loveabargin
September 1987 - 18.3% of contributions - savingpennies
December 1987 - 17% of contributions - anonymous (22 year policy)
May 1988 - 14.6% of contributions - monty100
August 1988 - 16.3% of contributions - mortgage & debt free
August 1988 - 16.4% of contributions - mikeassured
October 1988 - 13.5% of contributions - Ian W
October 1988 - 16% of contributions - cautious bob
October 1988 - 16.0% of contributions - jorayner
March 1990 - 12.4% of contributions - candygirl
July 1990 - 10.9% of contributions - Mrs GG
February 1991 - 9.9% of contributions - jpvic
July 1992 - 4.5% of contributions - Bella Bargains
September 1992 - 8.4% of contributions - bobber's mum (15 year policy)
September 1992 - 7.7% of estimated contributions - bobber [low cost endowment explains the lower than expected %]
June 1993 - 8.0% of contributions - Marsh Samphire
May 1994 - 6.6% of contributions - Alikay
February 1994 - 7.5% of contributions - tarquincat
August 1994 - 6.7% of contributions - loisamelia
August 1996 - 5.5% of contributions - cdon (10 year policy)
?December? 1996 - 2.3% of contributions - chrisxr2
July 1999 - 3.8% of contributions - rubber_soul (10 year policy)

Add on the 185 share / £490 basic windfall to get your total windfall

As you can see, length of investment seems to be critical

Please keep the information coming in

Many thanks to everyone who has given information to date. Your details are a great assistance to others who might be in the dark.

If your windfall seems lower than others, first check that you don't have a low cost endowment where premiums have started low and increased over time

john.xs

tripnip fmtwf lol

tarquincat

ReportInvestor wrote:

If we are to be educated by this, we should probably take note of the

Age of money argument

and

Compound interest

If you understand these two, you will generally make a good long term investor .

We all live and learn, hopefully.

Yes, a bit patronising, but I would imagine in this case, that not only are the investments similar, but the current value (or value in the 2004 cut off) are similar, yet the older policy gets almost double the shares