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11 March 2009

Keep the money in the With Profits Plan?

Can anyone help? my parents have got a with profits plan with Aviva that is due to finish in 10 months. It was originally supposed to provide a fund of 70k but now is a little over 50. My dad has also been told that the maturity bonus is £1800, not the 10k that was suggested last year. He needs a good fund and is terrified of losing anymore, hes also been told that the growth of the fund is likely to be 0 or minus figures over the next year so is thinking of taking the hit and surrendering. does anyone have anymore information on these or any thoughts on what he should do? Thanks.

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