Mortgage News Standard Life Cuts With Profits Mortgage Endowments By 18 P C 2827

Standard Life cuts with-profits mortgage endowments by 18%

28 January 2009 / by Rachel Mason
Standard Life has slashed the value of its with-profits mortgage endowments by 17.7 per cent.

In its annual with-profits bonus announcement, released today, Standard Life reveals that its with-profits mortgage endowment plans maturity values have been cut by almost 18 per cent since last year.

In January 2008, a 29-year-old man paying £50 a month into a conventional with-profits endowment="http:>

Written by Editorial Team