The Endowment Diary

The Endowment Diary

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

Thursday, March 05, 2009

Suckered In

Suckered In

As per The Daily Mirror:

"More than 300,000 homeowners due to clear their mortgage debts this year are facing shameful shortfalls.

And some five million more people will suffer a similar fate in the next few years as a result of monstrous mis-selling of with-profits endowment policies....

Millions of people were suckered into taking out these disastrous policies in the 80s.
..."

Re being "suckered in", I couldn't agree more!

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