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Originally posted by guest1 twpd - I can sympathise with that - got the runaround my self on an endowment. Turns out the shyster who sold me the poicy closed and then restarted his business with new names etcetera. I am still paying an amount into the policy for the same reasons as yourself - wanna keep it going and too much to lose. Ombudsman said - sorry - company that sold it does not exist - but the company I'm paying too can keep taking the money aaargggh. BTW - keep on at the ombudsman and keep asking for final final result - because the initial 3 decisions you receive are not actually by an ombudsman but by some office toerag acting on his behalf - and only the OMBUDSMAN has the final say. Best of luck. |
Thanks for the advice Alan. I may revisit it - the problem for me now is that the I took the policies out so long ago - we're talking 18 years and it's very much a case of my word against that of the advisor who has long since retired (not sure if he is still alive). IIRC he claimed to be a self-eemployed consultant for Abbeylife...that may be the case but, he was effectively tied into Abbey when I look back at it.
I'm more inclinded to say "Fuggit" and just let it go now as I have plenty of other important issues vying for my limited time - accept that the payout is going to be low and look into other avenues to increase my savings. I was young when the policies were sold to me and rather less financially astute than I am now.