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!
ade_2
Posts: 22 Forumite
: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:
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:
0
Comments
-
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.0 -
Poor Marconi folk. Could always try the old 'pasta' get out clause...Me,_years_earlier wrote:"I asked you to invest in MACARONI!!!", not "MARCONI".0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
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