Archive for the ‘claims’ Category

Aviva issues final Reattributuion Update

Thursday, December 24th, 2009

With more than 90 per cent of payments issued, Aviva has sent its final Fund Transfer and Reattribution Update. It believes all remaining payments will be issued by March 2010. (more…)

Technorati Tags: , ,

Compensation claim help for customers of 27 companies in default

Tuesday, September 9th, 2008

The Financial Services Compensation Scheme (FSCS) is reminding consumers they can claim up to £48,000 if they have lost money from any of 27 investment firms recently declared in default. The scheme offers a free service to customers of authorised financial services firms. (more…)

Technorati Tags: , ,

Most believe endowment policies were mis-sold

Thursday, August 14th, 2008

A new survey has revealed that most people with a mortgage endowment policy believe it was mis-sold. While 87 percent of the respondents felt they were duped when they originally took out the policy, only 10 percent felt that they were made aware of the risks. (more…)

Technorati Tags: , ,

Mortgage endowments still largest source of claims

Monday, August 11th, 2008

Mortgage endowment claims are still the biggest source of new claims for Financial Services Compensation Scheme (FSCS). According to it’s latest report there were 7,410 new claims during the financial year. (more…)

Technorati Tags: , ,

Chesnara reports fall in endowment complaints

Monday, April 21st, 2008

Chesnara, the holding company for Countrywide Assured plc and the City of Westminster Assurance Company Limited, has announced that the number of mortgage endowment misselling complaints have fallen significantly. (more…)

Technorati Tags: ,

Endowment ripoff revealed?

Wednesday, March 12th, 2008

A recent article in Timesonline claims that savers with endowments pensions and bonds may have been ripped off to the tune of £8 billion this year. (more…)

Technorati Tags: , ,

Prudential endowment mortgage holders may get bonus

Friday, February 29th, 2008

Prudential has announced welcome news for its endowment mortgage customers who are dependent on endowment policies to pay off their mortgage this year. Other customers will also benefit as, for the first time in 18 years, there will be increased annual bonuses paid to with-profit policyholders. (more…)

Technorati Tags: , ,

Good news for Norwich Union endowment mortgage holders

Friday, February 15th, 2008

Endowment mortgage customers of Norwich Union may have something to look forward to. The company has announced that £2.1 billion will be available to policyholders as a result of the freeing up of a significant part of the inherited estate. (more…)

Technorati Tags:

Shortfalls cut by Standard Life

Monday, February 11th, 2008

Standard Life has announced that there will be a cut in mortgage endowment shortfalls this year. Of the 63,000 maturing policies around 45 percent will not be subject to a shortfall. (more…)

Technorati Tags: ,

Norwich Union majority of endowment policies will be in shortfall

Wednesday, January 16th, 2008

Norwich Union has revealed that more than 90 percent of its endowment policies will be in shortfall when they mature and will therfore not provide sufficient funds to pay off mortgages. (more…)

Technorati Tags: , ,