Fit For Purpose?
Legal and General informed me today that the shortfall on my "with profits" endowment mortgage of £39K will range between £13K - £16K.
So much for the concept of "smoothing", allegedly one of the main components of a "with profits" policy.
Maybe they could also explain to me why they sold and "managed" a product that clearly was not fit for purpose?
No comments:
Post a Comment