The Endowment Diary

The Endowment Diary


The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Sunday, May 16, 2004

I have just had a look at a wonderfully acerbic site, that takes a punch at the "Which" campaign for compensation for mis-sold endowment mortgages.

The site, quite rightly, points out the risk of making fraudulent claims.

It then goes on to have a "pop" at Which, for allegedly recommending endowments in the 70's and 80's. They even have a complaint letter generator which you can send to Which.

I understand that the site is the brainchild of certain Independent Financial Advisers, who are sick of people complaining.

It is a splendidly entertaining site. However, the comment in the lurid green box at the bottom of the page; asking for regulation of "The Dammed Press", is something that I do not agree with at all.

Freedom of speech is essential, to suppress the media just because a vested interest does not like what they say would be a step towards dictatorship.

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