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Compensation For Endowment Mis-selling
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THE PETITION During the eighties, endowment mortgages were the popular method of financing a mortgage. Some 8 million people in the UK now own an endowment policy, it is expected that the majority of these policies will fail to pay off the mortgage debt.
The latest estimate is that there will be a £40BN shortfall. The endowment policy mis-selling scandal is one of the worst financial scandals to hit the UK.
Endowment policy holders, and home owners, are going to end up paying the price for the mis-selling of these products by the "professionals".
The life assurance companies are doing everything possible to avoid liability. They state that endowment policies were investments, and as such there was always a risk that they would fall.
The reality was that they were sold as products, like TV's or cars. There was little or no mention of risks, and the inference was that there would be no loss.
When you buy a TV or car that is not "fit for purpose" you are entitled to a replacement product that works, or compensation. The same should apply here.
I have been trying to claim compensation since Sept 2002, and have kept an on line diary of my efforts "The Endowment Diary" on my website www.kenfrost.com "The Living Brand".
If you feel that failing endowment policies should be treated in the same way as a consumer product that is "not fit for purpose"; namely that the shortfall should be made good by the life assurance companies, then sign the petition and pass it on to others to sign.
Thank you.
Ken Frost
http://www.kenfrost.com “The Living Brand”
DESIRED OUTCOME To ensure that those who face endowment policy shortfalls receive compensation.
WHO WE NEED TO INFLUENCE The FSA, life assurance companies and the Treaury Select Committee invesitgating endowment mis-selling
HOW LONG WILL WE CAMPAIGN As long as it takes or the end of 2010
WHO TO CONTACT Ken Frost
kenfrost@kenfrost.com
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Displaying 1 to 100 of 153 [1] 2 Next 53 signatures - (101 to 153)
| JONATHAN WHITAKER | IAN POCOCK | | GARY ALCOCK | JAN BERRY | | DEREK FRANCIS AMER | STEPHEN CHARLES SMITH | | NAME SUPPLIED | JIM MURRAY | | PATRICIA HAWKINS | DEREK JOHNSON | | NAME SUPPLIED | RAYMOND WISE | | STEVE RYAN | SALEEM AKHTAR | | GARRY WILKINSON | MR DAVID ALLEN | | PHILIP GAY | COLIN JUBB | | PETER BRANDON | TREVOR PHILPOTT | | NAME SUPPLIED | JOHN MILLINGTON | | S.LOVELL5@NTLWORLD.COM | NEIL PAUL | | GRANT PERKINS | BERNARD LUMSDEN | | STEPHEN DAFFERN | DAVID CHILDS | | NAME SUPPLIED | NAME SUPPLIED | | LIAM FARRELL | NAME SUPPLIED | | SIMON MOONEY | NAME SUPPLIED | | MICHAEL TATE | SAM FOX | | C. R. FINNEY | PETER ALAN VERTIGAN | | NAME SUPPLIED | NAME SUPPLIED | | GILLIAN HEIRS | MEG BRADLEY | | KEVIN WILLIAM JAMES BRADLEY | JANE LINDLEY | | MARKB | PHILIP BUDINGER | | NAME SUPPLIED | NAME SUPPLIED | | ANGUS RUNCIMAN | MARK CHRISTOPHER TABERHAM | | JAMES PATERSON | PETER AVERY | | MRS MARY ELIZABETH WALSH | WENDY BLACKWOOD | | HUGH PITT | CAROL BROWN | | PETER WATSON | JOSEPH MARSHALL LOUDON | | JESS JEPHCOTT | NAME SUPPLIED | | KATE WAKEHAM | NAME SUPPLIED | | GEORGE WATTERSON | NAME SUPPLIED | | ALISTAIR NAYLOR | JACK KEENAN | | ALLAN WATSON | JANE REID | | NEIL ROBERT WEIR | NAME SUPPLIED | | NAME SUPPLIED | NAME SUPPLIED | | SCOT MORLEY | NAME SUPPLIED | | TOM JOHNSTON | LESLIEBRITTAIN | | DOREEN MCGIMPSEY | NAME SUPPLIED | | SIMON ALLAN | MICHAEL MCCOLGAN | | ALAN MIDDLETON | RAYMOND DONNELLY | | MICHAEL O'NEILL | GAIL MCEWAN | | NAME SUPPLIED | WILLIAM SALMOND | | GARY CROSBIE | NAME SUPPLIED | | NAME SUPPLIED | CHRISTOPHER CATCHPOLE | | KAREN BRADFORD | GRAHAM TURRELL | | DEREK PRICE | NAME SUPPLIED | | DAWN BLANDAMER | ROBERT GERARD BAILEY | | JEFF GRIFFITHS | GUY ALLEN | | MATTHEW DAVIS | MICHAEL WILLIAM CONNOLE |
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Displaying 1 to 100 of 153 [1] 2 Next 53 signatures - (101 to 153)
This petition was last signed on Sunday, February 07, 2010
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