Legal & General Buy Out Plan / Buy Out Plan 100% Ripp Off
I James Scott applied to raise money from an old works pension I had invested with Legal & General Assurance.
I was given a quote by Legal & General on 24/6/10 that £859.58 would be deducted from the money to be transferred which they called the M.V. adjustment. Three weeks later when the money was transferred without warning that had deducted £1659.58 an increase of 100% on the original quote. It is absolutely incredible that they think they can get away with this. I have asked them for an explanation for the 100% increase but they have failed to provide this. During this time the share prices actually rose significantly so I reckon they should have deducted less not 100% more than the original quote. I want Legal & General to pay me the £800 they robbed me of.