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    • Post #415 you said you were unable to sell it yourself. Earlier I believe you said there had been expressions of interest, but only if the buyer could acquire the freehold title. I wonder if the situation with the existing freeholders is such that the property is really unattractive, in ways possibly not obvious to someone who also has an interest in and acts for the freeholders.
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    • Sars request sent on 16th March and also sent a complaint separately to Studio. Have received no response. Both letters were received and signed for.  I was also told by the financial ombudsman that studio were investigating but I've also had no response to that either.  The only thing Studio have sent me is a default notice.  Any ideas of what I can do from here please 
    • Thanks Bank - I shall tweak my draft and repost. And here's today's ridiculous email from the P2G 'Claims Dept' Good Morning,  Thank you for you email. Unfortunately we would be unable to pay the amount advised in your previous email.  When you placed the order, you were asked for the value of your parcel, you stated that the value was £265.00. At this stage the booking advised that you were covered to £20.00 and to enhance this to £260.00 you could pay an extra £13.99 + VAT to fully cover your item for loss or damage during transit, you declined to fully cover your item.  Towards the end of your booking on the confirmation page, you were then offered to take cover again, to which you declined again.  Unfortunately, we would be unable to offer you an enhanced payment on this occasion.  If I can assist further, please do let me know.  Kindest Regards Claims Team and my response Good Afternoon  Do you not understand the court cases of PENCHEV v P2G (225MC852) and SMIRNOVS v P2G (27MC729)? In both cases it was held by the courts that there was no need for additional ‘cover’ or ‘protection’ (or whatever you wish to call it) on top of the standard delivery charge, and P2G were required to pay up in full for both cases, which by then also included court costs and interest. I shall be including copies of both those judgements in the bundle I submit to the court next Wednesday 1 May, unless you settle my claim (£274.10) in full before then. Tick tock…..    
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Abbey Life Annuity - Enhanced Annuity letter. Please help


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I wonder if someone can advise me with this please?

 

My parent's have given me a letter to deal with that they received from Abbey Life regarding a Joint Life Annuity policy they have.

It says in it that the FCA recently undertook a review of annuity sales as to whether customers were given adequate information about their options at retirement and in particular regarding 'enhanced annuities'.

 

It says that enhanced annuities work on the basis that if a customer has a medical condition or lifestyle factor (ie smoking etc) they will probably live a shorter time than someone in a better state of health. Firms expect to pay these customers their retirement for less time so typically provide them a higher income. It says that Abbey Life did not offer EA but one may have been avail to you from another provider if you were eligible and therefore you may be due compensation.

 

Enclosed is a questionnaire. My dad says he has no recollection at all of Abbey mentioning these EA and as he has a heart condition he would have actually bought one if offered it at the time.

 

He now has the start of vascular dementia so it's been left to me to deal with this.

Does anyone know much about the FCA review or how to proceed without me messing this up for them?

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We could do with some help from you.

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Upload the documents (redacted ) and we will take a look.....although as there from the Abbey really cant see you completing them incorrectly.

 

Andy

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHER

 

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the letter says all you need to know about the why, it now depends on what an actuary thinks about your dads health and lifestyle. they may well need to access dads madical records (make sure that you werent lying about the 100 a day fag habit) and a charge will be made for this. If there is a difference between his annuity and the average for someone with those problems then they will top up

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For what its worth, I know a few guys that worked for Abbey Life and there is a very good chance that they would not have asked about health. As far as I can remember they did not offer an enhanced annuity so would not mention it in case they lost the commission.

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  • 6 months later...

I have just joined as we too have this questionnaire from Abbey Life. Have written to them and now they are phoning back tomorrow afternoon.

 

1. My husband had a Waiver of Contributions implemented as a result of an accident before he reached retirement age. He does not get a huge amount because he only took out what we could afford at the time . We had hoped to increase it over time, because his employer did not offer one, even so we were pleased we did a Waiver of contributions option.

 

Note: He went onto have a TIA and now has a pacemaker.

 

2. Looking at the questionnaire in our mind it was not relevant - we thought he was committed to Abbey Life. In fact it starts off with why did you contact Abbey Life.

 

Hence - we wrote and said that given their letter it looks like he may well have been entitled to claim.

 

So our question is -

 

(a) this person from Abbey Life is saying he could help us over the phone to complete the questionnaire. But we are wondering if we should be seeking independent advice now?

(b) being my husband was already on 'Waiver of Contributions' then is he in a different category?

 

Any thoughts would be appreciated.

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