Canada Life Concordia Investment Policy

[Cameo]

5.5% after tax return doesn’t seem the worst at all

 

[ClubMan]

That's an excellent return, over that period, for that type of policy.

I'm a bit confused. Do you mean a combined life assurance + savings/investment policy? What was this one invested in? Was it some sort of with profits product?

5.5% after tax return doesn’t seem the worst at all

Doesn't it depend on what it was invested in?

 

[Countrygirl1!]

Hiya have been very interested in this post - I have the same policy due to mature in October 2025 (started Oct 2020) only paid E38 a month and left it work away so in my estimation should have a return in or about E30000 - so can I take it I don’t have to pay tax and they will issue me with the cheque on maturity