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AXA Sun Life RIP OFF!!!!!

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  • 5erge wrote: »
    I've been reticent concerning the horror stories about this policy but I stuck with it.

    15 year, £50 start off then up to £100 a month, matures Feb 2016.

    Phone the other day for a surrender value as it stands now and was pleasantly surprised, £32,686. If I let it mature @ 1.5% I'd be getting another £1800 but I'd have to decuct £1200 in payments meaning it is only £613 more than what I'd be getting currently. At 7.5% growth I'd get an additional £3000.

    I'm curious as to what everyone's growth has been for policies maturing late 2104? Tempted to take my surrender value and run.


    Yes I left mine too for the full 15 years starting with the £50 pm and did start to get a bit concerned when I started reading these stories from 2006.

    Mine matures this month at around the 38k which was a nice surprise. I was only expecting around the 20k mark.

    I wonder what we would have got if the economy didn't do a nose dive back in 2007.

    I say hang in there and see it through the final year.
  • dunstonh
    dunstonh Posts: 119,749 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I wonder what we would have got if the economy didn't do a nose dive back in 2007.

    Probably less as you had enough years to continue to buy after the event.
    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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