'An appalling decision by Scottish Widows' says Baronworth

Scottish Widows' decision to set up a link with the Association of Policy Market Makers' (APMM) website to help policyholders explore options before surrendering endowment policies has been branded 'appalling' by Baronworth Investment Services. "The decision to link with the APMM severely restricts their policyholders' prospects of selling a policy let alone getting the best price. Without a shadow of a doubt this is not in the best interests of their policyholders," said Baronworth. Baronworth argues there are approximately 20 Market Makers who buy policies but only eight a...