I read today that Pearl have an "Inherited Estate" which they will distribute & pay out to "with-profit" policyholders - but only those who have policies after July '07. Not those of us whose policies mature earlier despite having borne the brunt of Pearl's abysmal performance over the past few years. I myself will receive almost £300 less than I have invested during the 10 years of my policy. I read your post bwfs2003 & my original policy doc. does read "you could get back more or less than this, etc" so I know I probably don't have a case but when you read articles like the one at the link below, you have to ask how & why that amount of money has accrued & why those of us who have been hit the most don't deserve to benefit. Pearl - Pearl to distribute £500million inherited estate to policyholders Yes I have read the small-print at the bottom of the article which states that these funds are in excess of policy liabilties but even so, the whole thing stinks.