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Compensation offer Received, will acceptance affect eventual endowment payout?

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Omid
Omid Posts: 106 Forumite
in Mortgages & endowments
We have been given an offer from the FSCS for our mis sold endowment. If we were to accept would this mean that we will get less when the endowment eventually matures? Is there any way of getting more than the amount that has been offered by the FSCS?

Thanks guys :):money:

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  • dunstonh
    dunstonh Posts: 119,706 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    it has no impact on any potential maturity value.
    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.
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