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Axa Sunlife

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  • Brilliant - glad you got the refund :j
    My thanks also to wishicouldaffordit - sent my letter off to AXA on March 23 and money was paid into my account yesterday ! I stumbled on this thread whilst looking for advice on debts so have now killed two birds with one stone and have a nice amount now in savings too. Only thing left now is my PPI reclaim from First Plus which is with, regrettably, Ashworth Law, wish I'd done it myself. Anyone care to offer any positive results on that front ?!!
  • reded
    reded Posts: 21 Forumite
    Part of the Furniture
    What if your policy is outside the time span, mine were talen out 1997?
    NatWest won charges back :D
    WFTC overpayment, I could of challenged it....tut
    Axa Bonus cashbuilder froze 2 accounts not receiving interest :(
    Hsbc switching process big boo boo resulting in charges for me :mad:
  • dunstonh
    dunstonh Posts: 119,737 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    reded wrote: »
    What if your policy is outside the time span, mine were talen out 1997?

    Then the FSA ruling doesnt apply to you.
    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.
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    After a year of growth in both the stock market and the bond markets, it would be interesting to see some examples of how Axa values these policies.

    Please post these to help other MSErs.

    If they can't add value after a brilliant last year, then they are totally hopeless - and you can be doubly sure that the annual fees will gobble up any future growth in the fund.
  • Juwel
    Juwel Posts: 15 Forumite
    Hi guys, very interesting thread and thanks for all the advice. I took out my policy in November 2003 and am really hoping to get this refund rather than the surrender value they offer. The surrender value is worth £1881 but I have paid in over a £1000 more than this. Any help, advice or template letters massively appreciated as just been made redundant like a few others on here so every single penny counts. Thanks in advance
  • Hi Guys

    I took out a policy in June 2003 and I am currently paying £60 a month and will do so for the next 10 years. I was exploring the possibility of surrending the policy when reviewing my finances but following this thread I believe I may have the possibility of seeking a full reclaim. Would it be possible please to forward a copy of the letter that has been successful to [EMAIL="fireexit2010@hotmail.co.uk"]fireexit2010@hotmail.co.uk[/EMAIL]

    Many thanks
  • rameses
    rameses Posts: 1 Newbie
    can anyone pm me with the template letter for Axa sunlife cashbuilder bonus plan- i took my policy out in sept 2002 so believe from this forum i can make a claim for full refund plus interest. Many thanks
  • calish6
    calish6 Posts: 1 Newbie
    Stumbled upon this thread and found it extremely useful as we have two of these polices we took out in 2002/2003. Given what we have read we think we should surrender these as it sounds as if they were mis-sold to us. We would appreciate if someone could pm us a copy of a template letter we could use to make a claim that the policies were mis-sold to us.
    Many thanks.:)
  • bigt777
    bigt777 Posts: 33 Forumite
    Stumbled accross this thread 2nite n am gutted 2 find out my AXA cashbuilder plan is not what i thought!
    Took it out on 31st Jan 2002 after reading newspaper article(thanks v much carol smilie)!!
    Looks like i may be one of the lucky ones to be able to reclaim my premiums, please could anyone advise me on best way to go about reclaming my premiums + interest and send me a template letter?
    Also any ideas on how much i may get back?
    Started on £20p/m now pay £40p/m, worked out i've paid in £3240 and recieved £120 at end of 1st year.
    ;)Short pockets long arms!!!;)
  • Hi,my wife took out one of these policys in jan 2000,thinking like the advert said get a tidy lump sum back in 15yrs.After reading some of the storys here she phoned them up asking what would the surrender value would be,they have told her she will have wait 10days,however they did say because a lifecover policy was tied in to the cashbuilder plan worth £4860 the money that has gone towards this is non returnable.We have worked out that she has paid in £3630 upto feb 2010 less the £120 after the first year,so we have a stressful 10day wait to see how much she has lost,the bonuses aquired so far are £941 which doesnt seem a lot for 10years so to say the least she is not happy can anybody please help or give us advice on how to deal with this situation
    regards :(
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