Kingswood Mortgage & Investment Services
38
Torrin Drive
Radbrook
Shrewsbury SY3 6AW
Telephone
: 01743 344077
Facsimilie : 01743 358249
Email
: kwoodpol@accuk.co.uk
Regulated by THE FINANCIAL
SERVICES AUTHORITY
The maturity values shown
in this analysis are for the use of regulated financial advisers ONLY and
are not under any circumstances to be given to the owner/s of the policy
shown in Section A.. Kingswood Mortgage & Investment Services will not
be held responsible for action that may be taken against the company or
individual named at Section A either now or at any point in the future,
concerning a financial loss that has or may be caused to said owner/s of
the policy due to advice provided by said company or individual on the projected
maturity value of said policy.
SECTION A |
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ADVISER DETAILS |
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For the attention of |
CONFUSED IFA |
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Company |
CONFUSED COMPANY |
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Date of analysis |
24.02.2003 |
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POLICYHOLDER DETAILS
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Life Assured [1] |
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DOB |
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Life Assured [2] |
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DOB |
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Address |
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Post Code |
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SECTION B
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POLICY DETAILS |
PLEASE CHECK THAT THE POLICY
DETAILS BELOW CORRESPOND WITH THE DETAILS THAT YOU PROVIDED TO KINGSWOOD
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Life
Office |
Standard Life |
Total
Bonuses |
4245.00 |
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Policy
Number |
X123456789 |
Bonus
Date |
15.11.2001 |
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Commence
Date |
15.05.1990 |
Surrender
Value |
5535.00 |
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Maturity
Date |
15.05.2015 |
Monthly
Premium |
37.66 |
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Basic
Sum Ass. |
8450.00 |
MORTGAGE TARGET |
£ 26000 |
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SECTION C
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FSA Shortfall Figures
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%
Growth |
Maturity
Value |
Mortgage
Target |
Shortfall |
Surplus |
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4% |
15000.00 |
26000.00 |
11000.00 |
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6% |
18300.00 |
26000.00 |
7700.00 |
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8% |
22300.00 |
26000.00 |
3700.00 |
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Kingswood
Mortgage and Investment Services have analysed this policy based on the
information provided by the company named at Section A. Kingswood have
used “current” reversionary (annual) bonus rates in arriving at
these values and have therefore made no allowance for changes in these
rates. The analysis also assumes that premiums are maintained to the
maturity date shown in Section B. |
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Components |
%
Rate |
Total |
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Gtd Sum Assured |
1.00 |
6444.45 |
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Total Bonuses |
1.50 |
8365.50 |
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TB on Gtd S/Ass |
99.00 |
6380.01 |
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TB on Bonuses |
99.00 |
8450.00 |
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Maturity
Value |
Shortfall |
Surplus |
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29639.96 |
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3639.96 |
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Maturity Values based
on further Reductions in Terminal Bonus
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%
Red |
BSA
& Bonuses |
Terminal
Bonus |
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10% |
14894.45 |
13270.95 |
Maturity
Value |
Shortfall |
Surplus |
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28165.40 |
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2165.40 |
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Maturity Values based
on further Reductions in Terminal Bonus
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%
Red |
BSA
& Bonuses |
Terminal
Bonus |
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25% |
14894.45 |
11059.13 |
Maturity
Value |
Shortfall |
Surplus |
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25953.58 |
46.42 |
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Maturity Values based
on previous years bonus rates
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1999 |
2000 |
2001 |
Feb
2002 |
Oct
2002 |
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50080.47 |
48069.26 |
48990.12 |
44848.44 |
40755.13 |
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Terminal Bonus RATE below which the Maturity Value
will be LESS
THAN the Mortgage
Target
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BSA
& Bonuses |
Terminal
Bonus |
Maturity
Value |
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14894.45 |
11103.82 |
25998.27 |
Shortfall |
TB Rate |
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1.73 |
74.55% |
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Signed Date: 25.02.2003
For Kingswood Mortgage & Investment
Services