The Endowment Diary

The Endowment Diary

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

Wednesday, July 05, 2006

250 A Day Habit

250 A Day Habit

The Financial Services Ombudsman (FSO) announced that it received 250 complaints a day last year about endowment mortgages.

Walter Merricks, the chief ombudsman, said that there were indications that the "extraordinary high volume" of complaints about endowment mortgages was levelling off.

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