Goldman Sachs entering UK Savings market

Money, investing, mutuals etc

Re: Goldman Sachs entering UK Savings market

Postby expressman33 » Wed Nov 07, 2018 11:19 am

planteria wrote:and yes they are em.. that doesn't really argue against my point though. are the underlying investments in the Pru bond supporting those returns? do you have a link to the product please?


I took the bond out in 2002 with £25k , didn't do that well over the financial crisis but is now worth over 60k , I don't think it's available now ( it was called a Prudence Bond - OPTIMUM RETURN LWP (Unit Type ACCUMULATION) a with profits life fund) similar to https://www.pruadviser.co.uk/pdf/INVS11381.pdf

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Re: Goldman Sachs entering UK Savings market

Postby planteria » Wed Nov 07, 2018 11:31 am

thank you em, interesting. the only thing i have comparable is an LV bond - opened as a bag. 10% of your game though pal.. £2500 worth c£6000. the concept is still that LV could demutualise or be taken out one day (another shame Goldman aren't struggling for traction :mrgreen:) ..as it happens I have a pension with LV now too, after they absorbed Teachers Assurance.

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