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“Appalling performance of 'with-profits' product”

Written on: 27/03/2012 by chromehorse99 (1 review written)

Bought an endowment policy in 1992. Early years bonuses were reasonable, but, like Ponzi scheme it's all collapsed in recent years. Latest 'Bonus' is 0.5% on previous bonuses - no % on sum assured. I am paying in over £1500 pa to a product that had a bonus of £87 last year. I am tied in because of their 'mortgage endowment promise' whgich is in itself a pig in a poke.


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