I know lads who have AVCs invested in managed funds have lost a few quid.
I am hoping to retire /take redundancy this year so all mine are in a cash fund ,just luck
I told the wife yesterday that by virtue of having a few shares in an ISA she's a rich Tory. She looked quite proud to be fair, but then remembered that it was me who persuaded her to buy the shares, and ranted at me for an hour about losing all of her money.