Compensation Time

Daily MailJune 23, 2004

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Summary


LLOYDS TSB and Royal SunAlliance have said they will look at mis- selling claims made about endowment policies they sold before 1988.

The bank and the insurer had previously turned down some complaints stemming from sales before April 29, 1988: the day the Financial Services Act took effect. As a result, many homeowners with failing endowments were denied the chance of compensation simply because they were sold their policies too long ago.

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Extract


Compensation Time

A Lloyds TSB spokesman says:...

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