In Reply to: Re: AVC posted by UK Employee on 01 June 2003 at 15:03:10:
This response shows the great problem with fora - getting ill-informed answers.
1. I think the current MVR for Friends Provident (for most people, given when we were forced to move there from Equitable) is 19%, recently down from 23%.
2. The GAR and the annual guaranteed 3.5% are DIFFERENT things! Even non-GAR Equitable people get the 3.5% annual bonus.
3. I think there is a limit on the money you would get if a company went bust. Thought it was 100% of the first £2000 and then 90% of the next £33000 then nothing beyond that!
Please don't respond to questions unless you KNOW the answer or put some sort of rider on your response.