endowment

Tarama

Hi

trying to work out if it is worth continuing the policy below:

We have an endowment with Friends Provident taken out in August 1997 to 2015. The cost is £164 per month

Target amount is £56,000
Life Cover of the same amount (not really required)

Estimated growth
4% - £38,700
5% - £41,800
8% - £47,2000

22.2.2010 - Current Value £24,291
22.2.2010 - Surrender value £25,034 (terminal bonus abut £900)

It is invested in
Managed Fund (accumulated) units (AMC 0.75%)
With Profit (4) units Nil AMC (unitised with profits)

I can make 2 fund switches per year free of charge

So any thoughts on this on keeping this goinf would be welcome

regards

dunstonh

The bulk of the charges are now gone and the FP fund range is 0.75% (Except the WP fund which is within the fund). So, you have a pretty good range of funds at low cost and life assurance.

The unit linked funds could be used and its still possible that this one could get back on track. Although its unlikely if you stay on the WP fund.

Tarama

Dunstonh

the funds below are the available FP options. Any thoughts on these?

many thanks

Funds Available£15.00Cash European Fixed Interest Index Linked Index Tracking Managed North American Global Equity (ex Overseas) Pacific Basin Property Stewardship Stewardship Managed UK Equity With Profit 24