We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Pearl!

:mad:
I took out a savings policy with Pearl 10 years ago,paying £20 a month.I was told that I would get a good return.
Having paid in £2400 over the 10 year term,they now contact me as my policy has matured & tell me that I am only going to get back £2123. A loss of £277 in a savings plan over 10 years!
Is there any way I can get all my money back? Or anyone who can help me?

thanks

Ade.:mad:

Comments

  • tom188
    tom188 Posts: 2,330 Forumite
    Unfortunately its a risk of investing your money. People who bought tech and biotech funds during the late nineties were left with almost nothing. If you bought £250ks worth of Marconi shares in 2000 they would be worth about £5 today.

    You can only get your money back if you can prove it was miss sold and you were not made aware you were putting it into a stock market based investment or the risks of doing so.
  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Poor Marconi folk. Could always try the old 'pasta' get out clause...
    "I asked you to invest in MACARONI!!!", not "MARCONI".
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.