Now the fund's performance is not good, and who knows, if I had had a choice in 1985 I might have chosen something better. In 2004, out of the blue, no bonuses were declared, and I am now told that AXA Sun Life no longer deal in with profits pensions, so these funds are now closed to new business - hence the poor performance.
Now, with about 6 years to maturation, it is a bit late to do anything about this. You cannot add to these policies and a new one will not have time to make up the short fall.
What does one do? Is there a case for miss-selling 20years ago? I have found out that Sun Life had an office nearby to the head office of my ex-employer. Could one be smelling a rat here?
Does anyone else sit in a similar position?