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Phoenix Life

Hi there, I have just received a letter from Phoenix Life via DWP Bulk Letter Forwarding Mail Service. Firstly was unaware the DWP had a Letter Forwarding Service and unsure as to why this company is requesting I forward on my personal details. Can anyone verify if this is legit or scam attempt to upsell a policy I may have forgotten I had?

Comments

  • MyRealNameToo
    MyRealNameToo Posts: 3,869 Forumite
    1,000 Posts Name Dropper
    edited 23 February at 6:13PM

    Phoenix are a massive life and pensions insurance firm.

    DWP Bulk Forwarding isnt used for marketing stuff, it will be an operational letter about a policy you have with them. Phoenix also dont "sell", they buy other insurance companies books of business and run them off.

  • Marcon
    Marcon Posts: 15,823 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    edited 23 February at 2:27PM

    Firstly was unaware the DWP had a Letter Forwarding Service

    They do and it's frequently used by insurance companies to try and track down policy holders for whom they no longer have a valid address:

    https://www.gov.uk/government/publications/pensions-and-insurance-tracing-and-letter-forwarding-service/bulk-letter-forwarding-service-detailed-guidance

    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • dunstonh
    dunstonh Posts: 121,155 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker

    Firstly was unaware the DWP had a Letter Forwarding Service 

    we used to use it in the 1980s

    Can anyone verify if this is legit or scam attempt to upsell a policy I may have forgotten I had?

    How can they upsell a policy you have forgotten you had?

    as it happens, Phoenix is a closed book insurer. It has bought up most of the unwanted books of closed insurers. It doesn't sell new policies (although it does own the Standard Life brand which has a small amount of distribution still)

    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.
  • squirrelpie
    squirrelpie Posts: 1,652 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper

    It's very likely legitimate and it maybe they have a pension belonging to you that you have forgotten about, and they need to know your current address to tell you about it. But you haven't told us what information they want, nor roughly how old you are, nor indeed whether you've ever moved. If it was me, I'd send them my name and address but not much else unless/until you know more.

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