Endowment Advice Limited Fee Increase

Endowment Advice Limited was established last year to assist you in complaining where your endowment was mis-sold and to do so at a reasonable cost, starting at just 10% of your compensation.

The objective of making a claim is to recoup your financial loss. There are many firms who will happily handle your claim - most of them charge 25% plus VAT and in some cases 35% plus VAT if your claim is taken to the Financial Ombudsman Service. For those charging 35% plus VAT this is a total of 41.1% of your compensation. This could lead to a shortfall on your shortfall!

As an Internet based operation we can provide our service at a significantly reduced cost, we aim to be the best value service in the market and due to the costs involved in handling a claim we have had to slightly raise our fees.

We will continue to innovate in the market by offering two fee structures for handling your claim, one on a no win - no fee basis, alternatively another with a low administration charge and the lowest percentage fee to handle your claim. Details of these prices will be available from April 1st 2005.

To see if you are eligible to make a claim please complete our short questionnaire.


Mar 15, 2005
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Lloyds TSB plc has allocated a further £110 million to compensate endowment policyholders. This is in addition to the £250 million which was set aside to pay compensation in 2003.

Lloyds TSB plc to impose a time bar on endowment policyholders that were mis-sold their policies in order to prevent them from making a claim

Reported in the Daily Telegraph December 2004


Mortgage endowment policyholders are collectively going to face a shortfall estimated at £ 40 billion

The average amount of compensation where a policy has been mis-sold is estimated to be £3,000
Source ABI (The Association of British Insurers) 2006