tricky endowewnt miselling situation

No they will probably not contact the agent - they didn't in my case.

But after 2 years of communications and using the FSA it was agreed I was mis-sold but I was not in a worse position than on a repayment mortgage so I got nothing. The policy is not paying the full amount of the mortgage.

I`d question whether you`d have a good case for mis-selling if the advice given to you was good. Or are you saying that your relative, who was (presumably) at the time a qualified advisor, was in turn badly advised? If you have a complaint, surely it is against the person who advised you - whether they in turn have a claim against anyone else for bad advice shouldn`t be any concern of yours.

There is a good chance that the company will contact him. Sorry.

fortunately for me ( a paper horder) I kept all the literature that was handed to me back in 1988, non of which stated it could go down. I got 5K back about 2 years ago.

Yes it would pay to get the ball rolling and I doubt that half of those who were pushing it are still in the business.

It depends. Was your elderly relative actually an employee of the insurer, or was he self-employed/working for another firm?

If he was an employee of the insurer, it probably wouldn't contact him (though you can't guarantee that).

If he was working for another firm, then the insurer will pass your complaint to that other firm. What that other firm does so far as contacting your relative is concerned is up to the other firm.

If he was self-employed/a director of the firm that advised you, then (assuming the insurer still has his address) it will probably pass your complaint straight to your relative.

If it was sold in the mid 1980 is it unlikely it is covered by the FSA scheme and it's probably too late use the courts.

BTDTGTTS.

Wrong on both counts

a good read

yes he was an employee (in1984) ... Given his health ... I would not want the risk of them contacting him - so I better leave it for the moment ... (thinking coldly ... is there a time limit to complain ... if he were to pass away in the next year or so could I defer action until then? Can I complain even after the endowment matures ... (due later this year?)

thanks A

Yes, there is a time limit to complain. It's hard to say what that limit is from what you've posted - it mainly depends on when (if) the insurer wrote to you to tell you that there was a high risk your policy would not repay your mortgage.

Would you care to say why?

On reflection, I would not say it again !

Use of the words "likely" and "probably" were sufficient to make it RIGHT on both counts.

I apologise to you, and to all readers

Under what circumstances would it not be too late to use the courts to get compensation?

Fraud is the one that springs immediately to mind.