Anyone with a 25 year endowment which matured recently ?

Simba999

Tycoed how much of the total was the terminal bonus

Simba999

Simba999 wrote: »

Has anybody had a Scottish Provident endowment mature this year. I have one that is due in December. Should have paid out £54000. Lowest estimate £38000 highest £41000. Not sure if this includes terminal bonus or not ?

Just an update. Received paperwork to sign and final maturity value.
They say it might go up or down if there are any major developments within the fund/investment markets.

Target £54000
Sum assured £17766
Previous bonuses £13720
Final bonus £18577
Total £50063

Considering they kept saying there could be a very large deficit I am glad that I continued paying. Started as a low start endowment in 1988, averaged £68 over 25yrs
Total payments £20400
I think I have done well considering.

aldershot

Friends Prov.

25years to 16Dec13.
£67.56 a month
assured £52,000
paid £39,601

Dick_here

CIS
24 years
£48 per year
S/A £2150
Matured @ £1954 1 Feb 2014
No idea how much was final bonus etc, no statement received, money just paid into bank

kipperkendall

I posted earlier #2 and #47

My final endowment matures May 2014 and final bonus rate has recently been confirmed so numbers are as follows.

This is for a commercial union homemaker started in 1998:

Total correct but split rough as numbers not to hand!!

Target £73,000
Sum assured and bonuses £49,000
Final bonus (22%) £10,000
Mortgage promise £9,800
Total £69,000. :T


So, not a bad result.

Imma_Number

22% Final Bonus is quite a bit down on the 32% you might have been hoping for in #2 and doesn't bode well for those with another 4yrs to go.
Continuing with the recent regular bonuses a 22% Final bonus would leave mine* 30% down including the MEP

*also a CU Homemaker.

kipperkendall

Sorry I may of stated incorrect data in post 2!

I think I was talking about the difference between what the yearly paperwork said and what info I got when I phoned them up! When I phoned them I got info in the bonus and mortgage promise.

Anyway, from memory final bonus was about 22% end of 2012, mid 2013 it dropped to about 16% and now is 22%. So not too bad.

Seems to fluctuate occasionally!

Sadly you have to play the waiting game. The one that matured last June came in at about 11% but 6 months earlier was 16%....... Now back up to about 15% I think.

caseywhite

Hello everyone. I'm new to this thread. I have an endowment with Royal london. Its due to mature in June 2014. I will post results when i get them.

prettypiglets

Hi caseywhite


I would be interested to know the results of your Royal London Policy. I have one that also matures in December 2013 which I took out in 1989.


I did have a Policy on track green letter and I have called them to ask about a terminal bonus. They said that its not guaranteed but they do normally pay one out. I also have been told its a low start endowment and not a unitised plan. Hoping I get a bit more than the target amount of £40K

Stratus

According to FTAdviser, a 25 year £50 per month endowment with Royal London returned £30 785 in February 2014. This includes a 18.9% terminal bonus.