Hi folks invested 200k with one of the assurance companies back in 2007 (dont know if I am permitted to name them on AAM)
Finally broken even and have learnt the hard way to go the direct route and avoid so called managed funds.
Checked the value of my fund the close of business day before/actual day/and day after I emailed my instruction for full encashment. Each day showed a value very slightly in excess of my original investment.
Encashment through at 199333 today. I phoned regarding the value with no joy. So emailed complaint.
Has any other person experienced a similar event.
Finally broken even and have learnt the hard way to go the direct route and avoid so called managed funds.
Checked the value of my fund the close of business day before/actual day/and day after I emailed my instruction for full encashment. Each day showed a value very slightly in excess of my original investment.
Encashment through at 199333 today. I phoned regarding the value with no joy. So emailed complaint.
Has any other person experienced a similar event.