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Standard life maturing May
fox63
Posts: 9 Forumite
Hello, hope someone might take a look at this for me please, my SL Endowment is due to mature on the 11th May 2008, I have just received the following info from them:
Target amount £19,100
Sum assured £7,984
Yearly bonus £5,773.31
Guaranteed minimum maturity value £13,757.31
Interim bonus since 16th Nov 2007 £20.35
Final bonus £2,535.09
With Profits value £16,312.75
This was over 20 years and looks like i am going to be some £2800 short ? I take it I have nothing else to come?
Target amount £19,100
Sum assured £7,984
Yearly bonus £5,773.31
Guaranteed minimum maturity value £13,757.31
Interim bonus since 16th Nov 2007 £20.35
Final bonus £2,535.09
With Profits value £16,312.75
This was over 20 years and looks like i am going to be some £2800 short ? I take it I have nothing else to come?
0
Comments
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You're right, that's your lot. I assume you've had warning letters over recent years telling you that a shortfall was likely...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 ForumTeam0
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Wait until maturity though as you may find it jumps up a little. SL have a history of doing that.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.0
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Many thanks to you both.0
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Hello, hope someone might take a look at this for me please, my SL Endowment is due to mature on the 11th May 2008, I have just received the following info from them:
Target amount £19,100
Sum assured £7,984
Yearly bonus £5,773.31
Guaranteed minimum maturity value £13,757.31
Interim bonus since 16th Nov 2007 £20.35
Final bonus £2,535.09
With Profits value £16,312.75
This was over 20 years and looks like i am going to be some £2800 short ? I take it I have nothing else to come?
Does this include the "Mortgage Promise" that they made a few years ago?F.C United - Onwards and Upwards0 -
Nothing in my paperwork regarding that, I did have a letter a few years ago with that promise.0
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SL dont tell it to you unless you ask about it. There should be two figures indicating a range from x to y pounds being possible.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.0
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I phoned SL today and apparently I don't qualify seems it's something to do with running at 6% over a period of time, which my Endowment has not done.0
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how much was the monthly payment0
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£45.50 was the monthly payment0
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