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Help Endowment Ombudsman complaint in.

I complained about a Mis-sold L&G endowment but was refused by them so have took the case to the ombudsman who have sent me a letter stating it takes 2 months to review the cases.

I have now accepted an offer on the flat I have the endowment with but what should I do if it is fully sold before the ombudsman comes back?

Am I supposed to keep paying in to the policy until a decision is made? Do I have to notify L&G?

THanks

Comments

  • dunstonh
    dunstonh Posts: 120,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You dont have to keep the policy in force whilst the complaint is being processed. Although it may be worth getting a proper review of the L&G endowment done as they are not a bad provider and its possible you dont have a poor one (even if the projections suggest otherwise).
    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.
  • caleb2003
    caleb2003 Posts: 72 Forumite
    Thanks, but I do need to exit the policy in whatever way so I presume from your comment I can sell or surrender it (after selling my property)?

    Thanks
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