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Old July 1st 09, 04:22 PM posted to uk.finance
Tom E
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Posts: 61
Default tricky endowewnt miselling situation


"Andrew" wrote in message
...
If I make a complaint re a mis-sold endowment policy in the mid 1980s is
the insurance company likely to get in contact with their sales adviser
who retired some 20 years ago?
It was sold on the basis that it would definitely pay of the mortgage with
an extra lump sum on top ... It was my first dealing in finances and I
knew little/nothing about how it worked.
Reason I ask is that the adviser is an elderly relative of mine ... not in
good health and he would take it badly if he thought I was complaining
about him...
I really believe that at the time he fully believed in the product he was
selling me and I wouldn't want to proceed if it was to lead to any
grievance.

thanks Andy



fortunately for me ( a paper horder) I kept all the literature that was
handed to me back in 1988, non of which stated it could go down. I got £5K
back about 2 years ago.

Yes it would pay to get the ball rolling and I doubt that half of those who
were pushing it are still in the business.


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