Endownment Shortfall - What to expect?

Peter08031964

Hi All,

Please forgive my ignorance - i'm new here!

I have 2 endownments maturing on July 1st 2013. One is on track :j, but the other is a massive 26% short . Two separate providers, the first was over a 20 year term, the second a 25 year term.

My question is, what should we consider to be poor performance on the grand scheme of things?

Thanks

Peter

TrickyDicky101

And what do you hope to achieve from considering whether the endowment has poorly performed or not?

Let_Us_See

26% is a poor performance, but by no means the worst I have seen. And.....................?

opinions4u

Where are the font police when you need them?

dunstonh

26% is a poor performance, but by no means the worst I have seen. And.....................?

Not necessarily. It could be a high target growth rate with a return that is more realistic. The one that hit target could theoretically be a poorer return but with a lower target growth rate. (theory rather than fact as we have no facts here)

Let_Us_See

................and, what is your actual question?:)

maninthestreet

Are the payouts fromt these endowments required to pay off any mortgages you have?

Let_Us_See

That is the general idea, but it is not compulsory. The funds are yours.

silvercar

I've had one at 1% off and one at 31% off.

That's life. Not what we were led to believe at the time we took them out, but what we have been told could happen for a few years.