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FP Endowment - cash in ??

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Comments

  • dunstonh
    dunstonh Posts: 120,954 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Good example of this arrived in my post this morning.

    Norwich Union, needed £120k. Was valued at £116,734 on 17th Feb. Its now finished on £124,279. Virtually the whole difference was in the terminal bonus. It was a red projection last year as well.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • MTW_2
    MTW_2 Posts: 503 Forumite
    Many thanks to all who offered advice.

    I think I will give them a shout on Monday. I wondered if it is worth looking into selling it to one of the companies that specialise in buying EP's. Do they pay much more ?
  • Dick_here
    Dick_here Posts: 1,605 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dunstonh wrote: »
    Good example of this arrived in my post this morning.

    Norwich Union, needed £120k. Was valued at £116,734 on 17th Feb. Its now finished on £124,279. Virtually the whole difference was in the terminal bonus. It was a red projection last year as well.

    Where are you going to invest it ?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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