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Std Life WP Bond - Change in the reduction

Has anyone else noticed a change in the reduction quoted by Standard Life in their WP bonds?

My WP bond reduction has dropped by almost 20% (about £900) since I last looked three weeks ago. I wrote to Std Life askng about this reduction and they offered no promises as to when, if ever, the reduction would be removed. Apparently they would not apply it if I died! That seems to be the best answer for most of my problems! - Only joking :A

Is this anything to do with today's news perhaps?

Comments

  • dunstonh
    dunstonh Posts: 120,005 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Most of the strong providers have removed all reductions. With the exodus that is likely post demutualisation, I wouldnt be surprised if the MVR increased again.
    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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