Norwich Union taking charge of 'orphan funds'

dicknewson

Over the last year or so I've been told that a significant sum in 'orphan funds' is going to be re-allocated by Norwich Union. I have an endowment policy with them, linked to a mortgage, and apparently if I agree to the terms which will eventually appear, I will be in line for a 'windfall'. If I do not, it isn't clear to me whether I stand to possibly gain more at the end of the policy term or whether I automatically lose money. Is it an all-or-nothing thing, ie do a majority of policy holders have to agree before their 'cash grab' goes ahead, or is it a decision by individuals. I understand an 'independent' person called Claire Spottiswood is negotiating the deal on policy holders' behalves. It does seem to me that money contributed by policy-holders, which has built up as a surplus in the so-called 'orphan fund' should all be ours by right - it has only accumulated because NU have not needed (or chosen) to pay it out. Why should they have any of it ? Information and advice on how to respond please?
!!!!!! Newson