42 Years with Commercial Union...

Logen

... and eventually Aviva.
I have an endowment due to mature soon after 42 years of paying in £15 a month. The endowment was taken out as a savings vehicle called Wealthmaker.
The maturity value including all bonuses will be just under £80,000.
I'm quite happy with this and I've worked out that this is equates to an annual growth of approx.8.7%.

What i would like to know is:
a) Is this a good rate of return or not? (I am aware that the policy included life cover and there would be a cost for that)
b) What would an imaginary pot funded at the same £15 per month and invested in a UK all share tracker be worth today? (with dividends accumulated)

Thanks in advance for your interest and the many helpful replies I am expecting.

Logen

Bump

Perhaps my mistake was posting on a bank holiday weekend when, presumably, the professionals were not on the forum and the talented amateurs were enjoying a weekend away.

So, once again, can anyone provide answer(s) to the queries in my OP?

TIA

sevenhills

My private pension(I only paid into it for less than 3 years) and opt-out of the state second pension has grown to a value of £43k

If you had opted out you may have got much more, as this was 3/4 of my £43k

kingstreet

Although this relates to an endowment policy, I think it would best be posted on 'Savings & Investments' because it isn't mortgage related.