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Mis Sold Endowment...Need Help
Ericthered_4
Posts: 12 Forumite
We are trying to do the letter re our endowment (with profits) with Standard Life. Like everyone else we thought it was going to pay out a sum of £30k but unlike others it is no longer necessary to pay the mortgage. We have just kept it going as an investment.
Problem comes with filling out forms. We have no idea who sold us the policy back in 1987 so doe this mean we don't have a claim?
Please help
Problem comes with filling out forms. We have no idea who sold us the policy back in 1987 so doe this mean we don't have a claim?
Please help
Treat everyday as your last one on earth! and one day you will be right.
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Comments
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Ask standard life who sold it. They can give you the name and address of the advising firm.
As it was 1987 and pre-regulation, you will only be able to complain if it was sold through a standard life representative or at a bank/building society.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 -
We to have been refused by our independant advising firm even though we have all the paper work from them ,but no signiture on it from their rep ,can any one advise?Policy year 1986. cheers.0
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dshaw wrote:We to have been refused by our independant advising firm even though we have all the paper work from them ,but no signiture on it from their rep ,can any one advise?Policy year 1986. cheers.
1986 is pre regulation. So, if the advising firm doesnt want to consider it, then that is the end of the road.
Applications after 29th April 1988 give you FOS protection. Before that you have none.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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