Endowment information welcome

Tarama

Hi

I would appreciate some thoughts on the following. I am considering what to do about 2 endowments I have been holding onto, essentially as I have not really looked carefully at thier performance (obviously they have significant shortfalls at present).


The first is with Prudential/ which was Scottish Amicable and it commenced August 1990. Its current value is £18395.

Guaranteed sum assured - £12075
Declared bonuses - £6400
Monthly premium - £46.85
Maturity date - June 2015
Maturity forecasts
-4% = £23,300
-6% + £26,00
-8% = 29,000



The second is with Friends Provident and was commenced in 1997 to mature July 2015. It provides life cover of £57,533. Its value on 13.11.09 was £23391

Guaranteed sum assured - I cannot see anything on the literature re this
Declared bonuses - none that I am aware of. It states "We may pay a final bonus when you end your plan (this is something I need to check).
Monthly premium - £163.90
Maturity date -July 2015
Maturity forecasts
-4% = £38,700
-5% = £41,800
-8% = 47,200

Many thanks

hansi

Can you provide a link for The Times article? I just had a look and I can't see it.