Standard Life mortgage endowment promise what is it?


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A Promise is a Promise

What is a 'promise'?

Standard Life think:
It is called 'The Mortgage Endowment Promise'.

	Promises are made to be broken?
	Policyholders feel let down.
	The delay has caused massive problems for IFAs.
	It was wicked and irresponsible.

What can you do about it?
Make your feelings known.

	Complain about misrepresentation.
	Take it to the FOS.
	Think carefully before you do business with them.
	Consider moving your money out after the 'flotation'.

More to follow soon.

Inside Section 1
Split Capital
Precipice Bonds
Standard Life

What is a promise?
NOUN an undertaking to do or keep from doing something; expectation, or that which raises expectation; a ground for hope of future excellence; fulfilment of what is promised (rare).

VERB TRANSITIVE: to undertake by promise to do, give, etc; to betroth; to encourage to expect; to give reason to expect; to assure; to undertake to bestow.

VERB INTRANSITIVE: to make a promise or promises; to give rise to or reason for hopes or expectations.


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