I was an AXA agent before (now with another insurance company). Truth be told, when I was in AXA I never really recommended pulsar to any of my clients/friends becos the fees are really quite high. Pulsar is attractive becos it gives very high start-up bonus. Other ILPs in the market do not have such high start-up bonuses, but also charge much lower fees. So if you are looking at long-term capital growth, Pulsar should not be the plan to go to. Pulsar is only competitive if flexibility (in terms of withdrawal) is of great importance to you. An alternative to surrendering the plan might be to use your account value to sustain itself. By that, I mean to withdraw money from your pulsar account (cos partial withdrawal is free of charge) and put back as premium, so you don't have to take out additional money from your pocket. For that to work, you have to have sufficient fund in your account. The policy started in 2014 might be able to do so. For the 2016 plan, you still need to continue paying new premium for at least 2-3 years. Meanwhile, try to do a portfolio review with your AXA consultant or any other trusted consultant. If the return of your funds are only beating the fees, then they are not really performing well. You should consider switching to other funds.