The PPI deadline for getting your complaint in with your lender before it could be time-barred was August 29th 2019. Since that date over three months have now passed and the major banks and lenders are still reporting huge backlogs in their complaints systems and stating it could take up to the summer of 2020 […]
Many National Utility and Public Sector workers were sold extra pension arrangements that were separate from their occupational pension scheme. Free Standing Additional Voluntary Contributions plans (FSAVCs) were sold by insurance companies and the vast majority were incorrectly sold. Unfortunately, the way these FSAVCs were arranged, meant that the plan holder lost a lot of […]
In the build up to the PPI deadline on the 29th August 2019 we not only received the expected upswing in enquiries regarding PPI policies, but we also found that more people than ever were contacting us regarding other policies such as mis-sold Endowments, Investment policies, Packaged Bank Accounts, FSAVCs and Pensions. A large proportion […]
What is an Endowment? An endowment is a financial repayment vehicle most commonly used for purchasing a house. It is a form of interest only mortgage, where your monthly payments cover the interest on the capital borrowed and funds are added to an investment savings product. At the end of the policy term, the finances […]
Mr and Mrs M saw our Investment Facebook post in February 2018 and came to us about a complex HSBC Wealth Guaranteed Capital Account (GCA) investment policy that they had been sold in late 2005. They were unaware that they could make a claim about this until they spoke to us. They had approached HSBC […]
Many people invest money over the course of their life with the aim to make their investment worth more than the sum of the total monies paid in. There are many different levels and attitudes towards risk of investments and it is down to the financial advisor for the investment policies to ascertain where on […]
Mr and Mrs C from Yorkshire came to It IS Your Money in March 2017 regarding an investment policy they had been sold by TenetConnect Services Ltd back in 2006. Mrs C had received her inheritance from her late Mother and wanted to invest it wisely and safely. Due to the source of the capital, […]
Mrs W from the South West came to us not expecting to receive any PPI compensation on her borrowings, but thought she might as well try due to the No Win No Fee setup here at It IS Your Money. Once we had established the reasons for mis-sale and put together our letters of complaint, […]
The PPI deadline date is nearly upon us. In 104 days time, PPI complaints will be forever time barred and nobody will be able to claim any compensation on their mis-sold policies. In 2017 the Financial Conduct Authority (FCA) ruled that after the 29th August 2019 no more PPI complaints can be made. This means […]
Next weekend, Robin Woods, the founder of It IS Your Money will be partaking in the Male Trail. The Male Trail is a charity walk starting out in Torquay and heading out over the South West Coast Path. The day ends watching the rugby with a pasty and pint too! All funds raised go towards Rowcroft […]