Reduction in Maturity

trigger_2uk2001

hi all

When I moved in 2005 i ask Royal London to give a estimated on maturity of endowment in two years time. At that time they quated between 60,000 - 66,000. On this basis i only needed to get a repayment of 30,000 to cover remander. This month i recieved a letter with prodicted figure now of 41,000. Which raises the question as Royal london profits have gone up by 2005 by 10% and 2006 by 11% why have my endowment gone down by 33%

JoeK_3

trigger_2uk2001 wrote: »

hi all

When I moved in 2005 i ask Royal London to give a estimated on maturity of endowment in two years time. At that time they quated between 60,000 - 66,000. On this basis i only needed to get a repayment of 30,000 to cover remander. This month i recieved a letter with prodicted figure now of 41,000. Which raises the question as Royal london profits have gone up by 2005 by 10% and 2006 by 11% why have my endowment gone down by 33%

Write to them and send copies of the projections concerned.

Mistakes can be made.

JoeK