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MPPI sold by Financial Advisor
Drucanna
Posts: 1 Newbie
Hi
Has anyone had any luck claiming back MPPI sold by a financial advisor?
We took it out in 2003 because we were told we needed it and like idiots never cancelled it.
Thanks
Drucanna
Has anyone had any luck claiming back MPPI sold by a financial advisor?
We took it out in 2003 because we were told we needed it and like idiots never cancelled it.
Thanks
Drucanna
0
Comments
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This is like poking Dunston with a stick, so I'll let him have first dibs on properly responding...
0 -
Has anyone had any luck claiming back MPPI sold by a financial advisor?
Yes they have. MPPI sold by advisers accounts for under 1% of PPI complaints and the majority of those complaints fail. So, by definition, there are some successes. Just not very many.We took it out in 2003 because we were told we needed it and like idiots never cancelled it.
Perhaps you did need it. What is your problem with MPPI? You can still buy it today. Its not one of the bad types of PPI.
Not that any of it matters. You bought in 2003 which is before regulation and the adviser doesnt need to consider your complaint.This is like poking Dunston with a stick, so I'll let him have first dibs on properly responding...
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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