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Refusal of compensation endowment
lady12345_2
Posts: 3 Newbie
Bought endowment one month before they became regulated and told would not be eligible for compensation any answers? Bought through bank who did not inform us it was sold by an independent broker through bank
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Comments
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having an endowment is not grounds for compensation. How it was recommended and sold within the regulations in force at the time is what matters.
If you bought yours before regulation then you have no avenue to complain.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 -
Yes this was March 1986 if i remember and has happened to me0
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