We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Insurance Bond
Comments
-
dunstonh said:I assumed that the date of the letter was the effective valuation date.
Not a safe assumption. Most statements arriving in the last week or two are using early April as the valuation date.
I did not know that, I'll get her to check.
{Signature removed by Forum Team}0 -
If the valuation date was a few weeks ag and it was only down 10% then this would not be something to worry about.
Investments go up and down all the time, but normally in the long term it is up overall.
0 -
what I understand to be an investment that is an "insurance bond" that her and my late dads lives were insured with.
Which product exactly does your mother have?
She should have at least a "key facts" booklet - have you read it? Or can you find a copy on the internet?
https://www.pru.co.uk/investments/investment-articles/guide-to-investment-bonds/ may be worth a look.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards