Axa bonus cash builder

[thered]

Just wondering if anyones ever had one mature and what did they get back

i read it in the news of the world about 13 years ago and decided like a mug to join up

i started low at ?10 per month and it went up ?2 a year until it hit ?20 which is then set for 10 years

now i was led to believe that i would get around ?4500 back

looking at in now i think i will be lucky to get ?3000

which to be honest is what i have put in to the plan, so if this is correct i might as well of put it under the bed

I have just been reading that they were fined in 2004 or whatever for misleading but i can find anything on what people have actually had in returns i have 2 years left i wasnt expecting miracles and it wasnt something i ever missed if i didnt do it i would of had nothing at this point

but i didnt expect that i would receive either the same or maybe even less than i have paid in

also on my last statement my current terminal bonus says it is 100% what does this mean????

[thered]

Just wondering if anyones ever had one mature and what did they get back

i read it in the news of the world about 13 years ago and decided like a mug to join up

i started low at ?10 per month and it went up ?2 a year until it hit ?20 which is then set for 10 years

now i was led to believe that i would get around ?4500 back

looking at in now i think i will be lucky to get ?3000

which to be honest is what i have put in to the plan, so if this is correct i might as well of put it under the bed

I have just been reading that they were fined in 2004 or whatever for misleading but i can find anything on what people have actually had in returns i have 2 years left i wasnt expecting miracles and it wasnt something i ever missed if i didnt do it i would of had nothing at this point

but i didnt expect that i would receive either the same or maybe even less than i have paid in

also on my last statement my current terminal bonus says it is 100% what does this mean????

bump to save it from the bowels of DK ancient posts

[nara]

"Most life companies currently grant an additional bonus at the end of the life of a policy. In essence this is a loyalty bonus designed to encourage the policy holders to keep the policies in force until the maturity date. The size of the terminal bonus is dependent upon the investment conditions prevailing at the time of maturity, as well as upon the investment performance of the life company. Although it can be a large part of the final sum paid out, it is not guaranteed. Bonuses issued by any life company are dependent upon its financial strength which, in turn, relies heavily on its investment performance. It is in the interests of the life companies to even out the vagaries of the investment environment, by declaring bonuses which are reasonably consistent. However, bonuses may be increased or decreased from year to year, thereby affecting the final value of the underlying policy."

Endowments basic sum assured - attached, revisionary & terminal bonuses explained

[thered]

cheers nara my current terminal bonus rate for the last statement shows that it is paid at 100%

but it doesnt say of what is it 100% of my sum assured ? or is it 100% of nothing ?

any ideas?

[nara]

Lol, haven't a clue.