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advice please AXA endowment
DB7_2
Posts: 1 Newbie
Hi help please
My AXA endowment has now finally matured after 25 years of paying £33.85 monthly. it was also life policy for 20K. I have discovered that AXA failed to invest my money in with profit funds at the final 5 years review before maturity. They have admitted to the mistake and said they will give me the 20K
I am now feeling as though I have been paid off and wonder what it would have been had it been managed correctly. So i have requested a break down of the equations from AXA had they invested my money for the last 5 years in the funds.
can anyone help me to calculate this myself or advice what I should do
The only good news is that I will recieve £20K regardless, but should it have been more ???
Hope someone can help
My AXA endowment has now finally matured after 25 years of paying £33.85 monthly. it was also life policy for 20K. I have discovered that AXA failed to invest my money in with profit funds at the final 5 years review before maturity. They have admitted to the mistake and said they will give me the 20K
I am now feeling as though I have been paid off and wonder what it would have been had it been managed correctly. So i have requested a break down of the equations from AXA had they invested my money for the last 5 years in the funds.
can anyone help me to calculate this myself or advice what I should do
The only good news is that I will recieve £20K regardless, but should it have been more ???
Hope someone can help
0
Comments
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I am now feeling as though I have been paid off and wonder what it would have been had it been managed correctly.
What do you mean by managed correctly?So i have requested a break down of the equations from AXA had they invested my money for the last 5 years in the funds.
And what are these options?can anyone help me to calculate this myself or advice what I should do
Give us the figures and options.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.0
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