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Axa Sunlife Policys

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Please can somebody help me i have an AXA policy which i pay £200 a month into ,my partner also has a policy which she pays £100 a month into.
The way things are should i cash it in or hope for recovery they both mature in 2014.
Also i read about some miss selling with Axa what is that about i read about it in an earlier post,we have paid thousands into these accounts are we wasting our money.
Has anyone else cashed in recently any information would be usefull to help us decide!

Comments

  • dunstonh
    dunstonh Posts: 119,679 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Also i read about some miss selling
    These were bought without advice so it isnt mis-selling. There was a small window where AXA printed inaccurate data. Data that most people wont read and in reality had no impact on their decisions to buy it. However, the FSA ruled that if you fell within that window you could apply to AXA to have the policy voided. A lot of luck for those involved.
    Has anyone else cashed in recently any information would be usefull to help us decide!
    There is a thread on this subject in this section. Do a search for axa sun life and you should find it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Followed Martins advice re:review of finances, found fantastic forums about how rubbish axa sun life policies . Wrote to Axa this month just received letter to say we can get all money+1%int on one of our policies purchased 2002. So to get to the point if you bought poicy during the period 2002 on you can ask for a full refund and interest. Hope this is not too late but only just discovered forum this month. Good luck
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