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Policy
ctyrrell
Posts: 3 Newbie
i wonder if anyone has an idea if i could claim any money back, for my 18th i got an endownment policy and due to the credit crunch and the current climate i lost over 700 which i think is discusting as this is my money that liverpool victoria have took, any help would be much appreciated
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Comments
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i am afraid not, that is the nature of investments and the risk attached to them...........0
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LVFS havent taken your money. That isnt how investments work. There is a common phrase with all investments. The value of your investment can go down as well as up.
I suggest you take an interest in the news. Whilst a little on the sensational side, you would have realised that the stockmarkets took a hit last year, the money markets suffered and property is falling fast. It was one of those years where most asset classes and areas of investment fell in value. Why do you think you should be exempt from that?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.0
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