Prudential/Scot Am 2010 endowment maturity

hansi

Any idea how the maturity values for 2010 are panning out. Dunstonh and Edinvestor?:)

dunstonh

Not had any values on Scot Am endowments come through recently. Must be due some though.

hansi

Could you post on here, when you do hear please:D

morrow56

I called Prudential today for up to date figures for my 2 Scot Am endowments

One matures 8th April and one on 14th May 2010

They were set up to meet a figure of 30,000

Apparently in the closing few months they do not supply a terminal bonus %

Just a Estimated Maturity Value

Combined total for my 2 policies was 27,610

Very disappointed at this

Would appreciate any further info as well when you have it Dunstonh

hansi

That is disappointing. Mine was set up to meet a figure of £25000 and matures in May too so I guess it will be about the same, about 2.4k short :mad::mad::mad::mad::mad:

chrispbug

Mine was sent up to repay £25000. Received a letter from the Pru today saying the final figure is £22973.12 giving me a shortfall of about £2100.
I had assumed a shortfall of about £4000 so was quite pleased (not sure if that's the right word or not) with £2100.
I'll see my bank manager / financial advicer soon and ask their opinion on what to do next

morrow56

Hi

Is that a Pru or Scot Am policy?

Andy

hansi

Yes, I would be interested to hear if it is a Scot Am policy. Mine is set to mature in May. What was your maturity date chrispbug and how long before did they send the letter. I asume your mortgage is already paid off. Mine isn't!!

hansi

Also, my endowment is in joint names,i.e. me and Mrs Hansi, but we don't have a joint bank account. When the policy matures, will I have the option of asking for the cheque to be payable to me ( with the wife's written permission, of course;)), or will they pay it via BACS?