We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Compensation offered

Hi All

Thanks to this site, I have received a compensation offer for one of my 3 Mis-sold endowment policies.

...but a question for anyone who has had an offer....

Did you Accept the 1st offer they gave you, or should I be looking for an improved offer.....???


Cheers
Hemel Saint

Comments

  • Froggitt
    Froggitt Posts: 5,904 Forumite
    Unless you suspect theyve made a mistake, they wont make you an improved offer as theres a standard calc agreed by the FOS. They might have offered you the option of basing on your actual paid rates or the SVR during the life of your mortgages. Unfortunately I think the calc is a black art so working out if theyve made a mistake will be difficult.
    illegitimi non carborundum
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.