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Endownment claim - opinions and advice please
GeriO
Posts: 25 Forumite
Before we married (1989) DH & I bought a house (borrowed £16K) and were talked into taking an endowment. I was wary, but the advisor at the estate agents was so convincing we took an endowment for £20K (an extra little nest egg too we thought). Just less than two years later we sold the house, left the mortgage but kept the policy (with standard life). A few years ago (before I discovered MSE) I wrote to them and they offered me about £50. I didn't even reply!
Tonight I had a call from EMC ???. They want to take on the case. 35% of compensation as fee.
I don't think I will get much anyway, and am tempted to let them go ahead just to see, however if there was a chance of a decent payout I would rather keep it myself and would go through the paperwork process myself (with the help of MSE of course).
I am hoping someone more knowledgeable than myself can give me some advice.
Thanking in advance.
Tonight I had a call from EMC ???. They want to take on the case. 35% of compensation as fee.
I don't think I will get much anyway, and am tempted to let them go ahead just to see, however if there was a chance of a decent payout I would rather keep it myself and would go through the paperwork process myself (with the help of MSE of course).
I am hoping someone more knowledgeable than myself can give me some advice.
Thanking in advance.
:A Geri:A
0
Comments
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If you put a complaint in a result is given, you have 6 months to appeal it. If the 6 months expires, you cannot complain again or take it further.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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