tag:blogger.com,1999:blog-3896122.comments2019-06-24T09:54:21.503-07:00The Endowment DiaryKen Frosthttp://www.blogger.com/profile/13568488818950912374noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-3896122.post-41747930255304815642018-01-30T01:37:18.284-08:002018-01-30T01:37:18.284-08:00I'm £18.000 down on a £38.800 mortgage I'm...I'm £18.000 down on a £38.800 mortgage I'm up for all making a stand.Anonymoushttps://www.blogger.com/profile/12808417963149060478noreply@blogger.comtag:blogger.com,1999:blog-3896122.post-64189030041473334752014-02-26T07:09:58.455-08:002014-02-26T07:09:58.455-08:00IM IN THEY MAKE MY BLOOD BOIL AND i HAVE NO OPTION...IM IN THEY MAKE MY BLOOD BOIL AND i HAVE NO OPTION BUT TO KEEP PAYING IN AS I WOULD LOSE MORE IF i TERMINATE NOW...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-825116073427048482013-08-15T07:31:20.825-07:002013-08-15T07:31:20.825-07:00I think all the Aviva endowment policy holders sho...I think all the Aviva endowment policy holders should start an e petition. I have been sending Aviva letters of complaint over many years, but they made us an offer and withdrew it as being an error and have time barred our complaint, we are very disatisfied with Aviva. There is a website to start an e petition and its free, we should do it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-81864612759193103352013-07-12T05:09:51.357-07:002013-07-12T05:09:51.357-07:00I have 22.5 years old L&G with profits endowme...I have 22.5 years old L&G with profits endowment that is meant to pay off my mortgage. <br />I think "L&G Endowments above Target?" was a load of spin.... (looking back)<br />There Red letters still fail to spell out just how bad these product have/will perform. <br />The terminal bonus are so low, they amount to less than the interest being pay on my current mortgage. <br />Cashed-in early; after I won a claim, for miss selling.<br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-5698622275697495642013-07-09T06:21:15.542-07:002013-07-09T06:21:15.542-07:00I am now in my late 40s with very good health and ...I am now in my late 40s with very good health and I still can’t believe how naïve I was, when I signed up for 25 year L&G (Legal & General) Endowment policy with profit back in in 1990.<br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-47282531626785592642013-02-22T15:37:17.600-08:002013-02-22T15:37:17.600-08:00WE need to get all 70,000 policy holders together ...WE need to get all 70,000 policy holders together to demonstrate outside aviva building. We would get good press and give them some bad press. We could use social networking twitter [if I knew how to do it]<br />JaneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-64365867604965568882012-12-08T08:46:26.098-08:002012-12-08T08:46:26.098-08:00In September 2011, we received an Aviva payment re...In September 2011, we received an Aviva payment release form that we were told we had to sign before endowment could be paid. Form also reminded us that by signing we were happy with shortfall amount. We weren't happy so refused to sign.No money arrived until nearly two months after maturity date. On querying this, we were told that we didn't need to sign form after all.<br />Bit confusing really. Paul Paulhttps://www.blogger.com/profile/06645227001787245268noreply@blogger.comtag:blogger.com,1999:blog-3896122.post-26544701305533094412012-09-18T01:30:52.470-07:002012-09-18T01:30:52.470-07:00Maybe if the 70,000 of us all complained to the ch...Maybe if the 70,000 of us all complained to the chief executive via Aviva's procedure:<br />http://www.aviva.co.uk/library/pdfs/existing-customers/NGNAG1113.pdf<br /><br />Or find the London based "Andrew Moss, Aviva chief executive" and deal with him personally. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-3594615010975725472012-09-09T09:36:56.253-07:002012-09-09T09:36:56.253-07:00Towards the end of my 25 year endowment (taken out...Towards the end of my 25 year endowment (taken out with General Accident), I wrote to Aviva requesting a face to face interview with someone from the company to go over in detail the various questions I had. I was perfectly happy to travel to Norwich or London or wherever (but not India).This was necessary as I could never reach anyone on the phone either interested or knowledgeable enough to provide detailed answers. I received various letters all refusing face to face meetings, including one from Hugh Hessing, their 'customer experience director'. I wonder how Mr Hessing gets his experience if he refuses to see customers?! Quite apart from the fund performance aspects (shortfall of £30000) I am disgusted at the arrogance of a company that can take your money month in month out for 25 years and refuse to meet you! Not even the banks are that arrogant!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-58753105129931112452012-07-24T07:11:34.983-07:002012-07-24T07:11:34.983-07:00I would agree, my mortgage is covered since the mi...I would agree, my mortgage is covered since the miss selling debacle, I took out the policy in 1988 for 25 years and it will mature in August 2013, should cover £50,000 but I expect to see about £30,000 a similar 40% shortfall, the payment has been £64.80 during this time so I will have actually paid NU/Aviva £19,440 so it will have taken them 25 years to earn £10,000, gawd they must be the worst fund managers ever, Bernie Madoff where are you?kristophernoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-54405067488128240782012-07-14T07:19:33.936-07:002012-07-14T07:19:33.936-07:00Because the 70,000 are not grouping together as an...Because the 70,000 are not grouping together as an action group. It's the only in this way can we force not only the FSA to act, but also force Aviva act. Individually we all have information that could embarrass Aviva. Example In July 2000 I was given figures that showed that if my policy achieved 6% growth it would mature at just under £40,000, I have now been given a value of just over £30,000. But in a letter I received last week after questioning these figures I was informed that the fund had averaged 6.15% . I have also been questioning the way the bonuses have been paid on the basic sum assured and existing bonus on my CU policy since the takeover of Aviva.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-16748106286847161572012-04-17T06:00:51.492-07:002012-04-17T06:00:51.492-07:0030% down also, may loose my house. However on the ...30% down also, may loose my house. However on the bright side the final bonus will pay out enough for a few gallons of petrol and matches to burn all of Aviva's offices down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-23493172227968697472012-04-14T04:17:33.463-07:002012-04-14T04:17:33.463-07:00Tracking my L&G with profits endowment over th...Tracking my L&G with profits endowment over the last 24 years using the basic rate of interest over each year - I would have had more returned if I have saved the payments in a savings account. Eg target £34K, L&G forecast £26K calculated interest if all payments went into savings account is £27K. Sadly I lost the original details and could not make a claim for the miselling of this rubbish endowment policy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-58667322039525621922012-04-03T13:11:59.409-07:002012-04-03T13:11:59.409-07:00A disgrace I am down 30% on target amount and stru...A disgrace I am down 30% on target amount and struggling to get them to pay out. What happened to the funds share out 3 years ago...<br /><br />Robbers should be actions taken against all of them...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-49572547372984072722012-03-18T15:01:45.392-07:002012-03-18T15:01:45.392-07:00I wish I had terminated my policy 10 years ago!!
...I wish I had terminated my policy 10 years ago!!<br /><br />Why aren't the FSA demanding that Aviva pay a fairer share of their profits on these policies?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-41503843115074587852011-12-10T05:47:05.513-08:002011-12-10T05:47:05.513-08:00Ken,I wonder if L&G look at their profit losse...Ken,I wonder if L&G look at their profit losses and salaries each year,shortfall,add it to joe public's shortfall,when this first kicked off the company I had used were no longer and did you see the forms from FSA,they did'nt really want to help,just a load of front!!I am in simular position to you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3896122.post-73386357601533099942011-10-24T07:25:42.006-07:002011-10-24T07:25:42.006-07:00I had a similar situation, with two endowments. H...I had a similar situation, with two endowments. However, I surrendered them, used the sums to pay off a chunk of the mortgage, which meant my monthly payments reduced. with the surplus between what I paid before and after, I continued to pay off the mortgage and I am now nearly clear of it. If everyone surrendered their policies (provided they've been held for more than 10 years) then the insurance companies would get payback!Anonymousnoreply@blogger.com