Originally posted by HandyAndytho the down turn my investments went down, its there responce and attitude when phoneing them made me very annoyed, kept saying nothing to do with them, and if i took out my money they would be fair to thier customers who stay and keep more than 14% of the total value so not only the investment is down [which i understand] its not even worth the value they say.
Thanks for the advice. What was your experience?
Originally posted by stokerAside from the market downturn, it sounds like they are imposing hefty withdrawal fees. Were you told about the existence
tho the down turn my investments went down, its there responce and attitude when phoneing them made me very annoyed, kept saying nothing to do with them, and if i took out my money they would be fair to thier customers who stay and keep more than 14% of the total value so not only the investment is down [which i understand] its not even worth the value they say.
or amount of any such fees when you opened your account? If not, you might want to see a lawyer, or at least register a complaint
with the Personal Investment Authority, or whatever agency regulates investment firms in England these days.
Originally posted by stokerThis is just the MVA which most insurance companies are levelling at present due to the poor performance of the stockmarket.
tho the down turn my investments went down, its there responce and attitude when phoneing them made me very annoyed, kept saying nothing to do with them, and if i took out my money they would be fair to thier customers who stay and keep more than 14% of the total value so not only the investment is down [which i understand] its not even worth the value they say.
Ask yourself a few questions such as
Do I need to get my money out now?
How long does my investment have to run till maturity?
Will I get bonuses at maturity?
If I cancel and take my cash can I invest it better elsewhere? (With a 14% MVA you will need to find a helluva good performer elsewhere!
You really need to go back to whoever sold you the policy and talk over your options with them.
Originally posted by HandyAndyits in the small print. it was 7 years ago unshure what i was told back then. but the complaint was started thet said we will respond within 28days, after 27 they wanted more time to investergate and would respond within 28days after 27 again they need to look further into the matter. anyone else smell the s**t
Aside from the market downturn, it sounds like they are imposing hefty withdrawal fees. Were you told about the existence
or amount of any such fees when you opened your account? If not, you might want to see a lawyer, or at least register a complaint
with the Personal Investment Authority, or whatever agency regulates investment firms in England these days.
1 edit
Originally posted by adramforallhad planed to take it out this year and will but do not invest with them
This is just the MVA which most insurance companies are levelling at present due to the poor performance of the stockmarket.
Ask yourself a few questions such as
Do I need to get my money out now?
How long does my investment have to run till maturity?
Will I get bonuses at maturity?
If I cancel and take my cash can I invest it better elsewhere? ...[text shortened]...
You really need to go back to whoever sold you the policy and talk over your options with them.
its past its maturity
i am in talks but if they recommended this im not going to take there advice again am i.