Time to Take a Stand

Daily MailNovember 29, 2006

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Summary


THOUSANDS of endowment policyholders may have just weeks to register mis-selling complaints - or lose the chance of getting compensation for ever.

Major insurers including Prudential, Standard Life, Norwich Union and Friends Provident have imposed time bars on policyholders - and some of these are about to take effect.

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Extract


Time to Take a Stand

Under the Financial Services Authority (FSA) rules, policyholders have three years from when they became aware of the problems with their policy to complain.

Usually, it is assumed ...

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