The Endowment Diary

The Endowment Diary

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

Wednesday, March 29, 2006

The Decline of The IFA

The Decline of The IFA

This is Money reports that 10 years ago there were about 350,000 financial advisers. However, increased regulation and the impact of the endowment misselling scandal has severely reduced their numbers down to 55,000.

It seems that it is not just the hapless policyholders who are paying the price for these underperforming and useless products.

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