I took out a 20year "with profits policy" with Scottish Provident -(now Phoenix) in 2000 about €80/pm. The idea was that it would from an education fund for our children.
I enquired recently and have been told by Phoenix that if I were to cash it in it would be worth less than the amounts paid in!
What should I do? If i leave is there a possibility that the guys that stayed in might enjoy a bonanza at the end? Are there alternatives to cashing it in? Can I make it paid up?
Where could I get independant professional advice?
I enquired recently and have been told by Phoenix that if I were to cash it in it would be worth less than the amounts paid in!
What should I do? If i leave is there a possibility that the guys that stayed in might enjoy a bonanza at the end? Are there alternatives to cashing it in? Can I make it paid up?
Where could I get independant professional advice?