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Daydream
Posts: 1 Newbie
I've just been advised of a shortfall in my endowment policy which should mature in July. I have a fixed term (12month) ISA at 3.64% which matures at end of Jan and need to either reinvest or retain some to pay mortgage shortfall. It seems a double whammy to spend my capital which earns money to pay off a badly advised investment venture 25 years ago. Can anyone give me some ideas to get the best out of this ?
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Comments
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I've just been advised of a shortfall in my endowment policy which should mature in July.
Are you sure this the first notice you have had of a potential shortfall, what forecasts have the endowment company been sending over the past 25 years ...and how big is the shortfall going to be ?0 -
It is normal procedure for the endowment company to send out statements as to how your policies are performing.
Green,Amber or Red I believe are used.
It is difficult to understand how "You've just been advised of a shortfall in my endowment policy"
as Tony has already said, are you sure this the first notice you have had of a potential shortfall ?Space available for rent0
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