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Sorry Another Endowment Query
ejnallstars
Posts: 10 Forumite
I am currently in contact with my endowment provider ( I could post the actual company if it would help) regarding the mis-selling of my policy resulting in a shortfall.
They claim that as I purchased it through a broker I would have to contact them. Problem is the broker is no longer in buisiness.
My arguement is that he was selling the policy on behalf of them and therefor I still have a claim with them.
Can anyone tell me if this is correct or am I wasting my time on this?
They claim that as I purchased it through a broker I would have to contact them. Problem is the broker is no longer in buisiness.
My arguement is that he was selling the policy on behalf of them and therefor I still have a claim with them.
Can anyone tell me if this is correct or am I wasting my time on this?
0
Comments
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If it was after 1988 you can complain via the FOS (financial ombudsman service). If its pre early 1988, you have no-one to complain to. If the broker was attached to the life company, you could still complain to them and give that a go.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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