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Missold Endowment - Charge for Endowment File
Comments
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I wonder what is the latest timebar. I've got one that lasts until December this year
The figures I have seen quoted are that 3/4 are now timebarred. So, that leaves 25% left to be timebarred. I would think most of those are getting close to the point.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 -
Again, thanks to all for your comments. L&G have already responded and stated that they will not pursue my complaint due the the timelines involved. I have already made other provisions for the predicted £11k shortfall (from a target of £46k), so take on board all your comments. I should have been more dilligent at the time when the warning letters started to appear!!
Cheers
Dave
I took out a L&G low cost, low start endowment in 1986. It matured this year and paid out 99% of the target.
Fingers crossed you might do better than expected!I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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