The Endowment Diary

The Endowment Diary


The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Tuesday, August 05, 2003

Extract of letter to the FSA:

"...Dear Sir/Madam,

I am currently seeking financial redress from A/B, for the mis-selling of an A endowment policy by B in 1987.

A key part of my case rests on the relationship (agency/“quasi agency”) between B and A.

I have raised this matter with the Financial Ombudsman Service. Unfortunately, they state that they are unable to help; as the policy was sold prior to 29 April 1988.

However, they have advised me to address the matter to you; as you have a superior database.

I would therefore be very grateful if you could check you records, and advise me as to the relationship that existed between B and A in 1987.

Thank you in advance for your help.

Yours faithfully..."

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