Endowment misselling was a common occurrence in the Eighties and Nineties and did not attract the regulators attention until the guarantee was taken away. People bought into endowment policies because they were led to believe by sales advisors that it was the best and most popular way to pay off their mortgage. Many of these advisors were not properly trained, which is a main cause of Endowment Misselling.
Many People are surprised when they are told their endowment policy is linked to a fund investing in the stock market. Most people cannot afford to be taking such a risk when it comes to paying off their mortgage. Despite the risk, or unaware of it, people continued to invest in endowment policies. With the downturn in the stock market, endowment policies have dropped considerably in value.
You maybe a victim of endowment misselling and considering surrendering your endowment policy. If you think you have been poorly advised about you endowment policy get even here!
However if you sell your endowment policy you could earn up to 35% more than its surrender value as well as pursuing a compensation claim at the same time just fill in the form by following this link then come back to the endowment misselling section to start your claim.
Currently many endowment mortgages are expected to fall short of the target amount to pay off the mortgage mainly due to endowment misselling.