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PPI missold by Lincoln Financial Group - who now??
ChrissyBDevon
Posts: 2 Newbie
Hi Can anyone help me? I believe I was missold PPI in 2000 with the Lincoln Financial Group. I stopped the policy in 2008 as I no longer paid into the ISA vehicle that it was protecting as part of a then interest only mortgage. Trouble is Lincoln are no longer registered! The internet search appears to indicate they sold the assurance part of the group to Sun Life Canada - are they worth pursuing? And, any tips? When I spoke to the FSA they essentially told me not to bother and that I had no recourse to anyone!
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Comments
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When I spoke to the FSA they essentially told me not to bother and that I had no recourse to anyone!
Which would be correct. 2005 was the date regulation started and Lincoln (or the companies which followed) would have had no liability for the sale of MPPI prior to that.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
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