Action firm alleges insurers are 'misleading' endowment holders

A statement issued by compensation action firm Endowment Justice argues despite measures put in place by the FSA to tackle the endowment crisis, insurers are “continuing to mislead policyholders”. Slant of the message sent to the media suggests the financial services industry is “fuelling” the endowment mis-selling scandal and “has done much to actively dissuade people from claiming compensation” for their endowment shortfall by making the claims process “incredibly complex”. Marianne Fitzjohn, director at Endowment Justice, argues insurance firms are trying to ensure they do not aler...