06-02-2015, 12:57 PM
(06-02-2015, 09:58 AM)specuvestor Wrote: ^^ I would sign up for ERS in lieu of SRS if tax exempt and giving 4%/ SGS 10 year return
(06-02-2015, 09:34 AM)CityFarmer Wrote:(06-02-2015, 09:19 AM)NTL Wrote: To specuvestor, I do track the bonus payout for my wholelife, annuity and endowment plans. And I am glad that I bought them from the insurer who has yet to cut their bonus (based on their BI projections). So I still get what I was promised (so far). Cross fingers for the next 15yrs.
I reckon the wholelife, annuity and endowment plans, were bought after insurers have been faulted on their projections. After the few court cases, insurers, are very realistic on their projection now, instead of 7%-10% previously.
Do make sure it is not reversionary bonus that only pays out on maturity or "event"...
About the "reversionary bonus that pays out on maturity or event", you mean I will not get the illustrated value if I surrender the plans? If so, nothing to worry as I intend to hold on to them.