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Is it worth chasing?
parkerd68
Posts: 3 Newbie
Hi. I'm new to the forum so please be gentle!
I have just had a company talking through everything about me being mis-sold an endowment. I didn't realise people were claiming for these, I just thought it was the PPI stuff. They (obviously) thought I might be due some compensation. However, I took the endowment out in 1992 and, as it was no longer being used against a property (and my ex-wife was trying to get her hands on some of it) I cashed it in in 2006. I was advised before then that it might not meet its target.
Is it worth me pursuing this, or am I too late? If it's worth doing, I'd rather have a go myself rather than let a company have 42% of whatever I might be due!
Thanks in advance!
I have just had a company talking through everything about me being mis-sold an endowment. I didn't realise people were claiming for these, I just thought it was the PPI stuff. They (obviously) thought I might be due some compensation. However, I took the endowment out in 1992 and, as it was no longer being used against a property (and my ex-wife was trying to get her hands on some of it) I cashed it in in 2006. I was advised before then that it might not meet its target.
Is it worth me pursuing this, or am I too late? If it's worth doing, I'd rather have a go myself rather than let a company have 42% of whatever I might be due!
Thanks in advance!
0
Comments
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The time limit to complain is generally six years from the date the endowment was sold, or three years from the point at which the client should have been reasonably aware there might be a problem. Seems you don't have a chance on this one0
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