Summary
NO MURRAY MINT: When Jim Murray of Dunoon started a (pounds) 200- a-month endowment savings policy in 1999, he chose Equitable Life because it had been a safe haven for his additional voluntary pension contributions in a workplace run by Robert Maxwell.
Murray, a former chief sub-editor of the Daily Record and union official, now working part-time, says: "Our Equitable fund seemed to be the only thing that Maxwell wasn't able to get his mitts on. I had a soft spot for them because up until then their performance had been marvellous, they weren't paying out money to shareholders, they were still a mutual, and everything seemed absolutely hunky-dory - until this horror blew up."See the full content of this document
Extract
Out of the Frying Pan
Murray still has his policy. That means he is not eligible...
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