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Endowment crisis

Submitted on Thursday 18th April 2013

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Endowment crisis

Additional Information

The creation of endowments linked to the repayment of domestic mortgages has left millions of people facing huge shortfalls in their projected final payouts. whilst individuals could seek compensation these amounts do not cover the anticipated losses. The individual companies continue to cut bonuses to these policies without any consideration to their customers. I request that the government direct the FSA to undertake a review of whole issue of endowments.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

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