Endowment policies have proved disastrous for many savers. We reveal how payouts on a 25-year policy have crashed over 20 years
ENDOWMENT CRASH: PAYOUTS ON A 25-YEAR £50 POLICY Year Axa Equity & Law General Accident/CGNU Friends Provident Norwich Union Standard Life Source: Money Management, Money Mail. Benchmark 25 year policy at £50 a month 1992 104,403 110,093 106,948 100,723 110,399 1993 101,296 110,452 103,733 97,645 105,897 1994 104,436 110,639 103,980 98,423 106,632 1995 102,476 108,081 100,271 92,457 103,704 1996 104,944 111,900 103,658 92,535 104,671 1997 100,679 114,578 103,719 93,179 102,674 1998 97,497 120,809 106,188 100,247 107,379 1999 100,412 116,672 106,434 98,037 109,618 2000 98,495 118,567 102,341 89,518 100,373 2001 94,889 106,090 93,145 86,028 110,136 2002 78,666 89,795 82,100 73,640 99,747 2003 60,373 69,976 70,222 59,567 75,984 2004 50,697 62,832 54,984 53,770 62,603 2005 45,998 57,223 45,295 48,451 51,219 2006 40,676 51,815 38,843 46,653 41,806 2007 41,305 45,911 37,654 47,677 38,338 2008 39,653 46,820 36,425 40,545 38,970 2009 39,746 43,158 29,184 34,496 32,508 2010 33,899 36,797 29,966 28,325 28,139 2011 34,930 33,937 31,374 25,253 28,900