Bradford & Bingley Extra Income Bond 4 from AIG Life (UK)

May 09, 2004 2 Replies

My father invested in the above bond with B&B a couple of years ago. Due to poor stock market performance the total investment is now only worth approx. 70% of its original value. B&B have now sent him a questionnaire asking about the advice given at the time he signed up for the investment and what his attitude to risk was at the time. It sounds a little familiar to the sort of questions I was asked when I compained about poor advice in connection with an endowment policy. Can anybody shed any light on this particular investment or the letter sent out to my father. Thanks.



Ian


They are probably trying to decide if he was mis-sold the item to establish if he is due compensation.

gee six jay en snipped-for-privacy@spamcop.net

In message , Ian writes

B&B seem to be writing to everybody who got one of these 'precipice' bonds to see if the client really understood what they were buying WHICH YOUR FATHER CLEARLY DIDNT AND THEY WILL THEN MAKE UP ANY SHORTFALL. Please take note of my capitals.

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