In this sense, a substantial proportion of those lacking access to an occupational pension scheme appear to be victims of mis-selling too.
Moreover, the lessons of the mis-selling scandal of 1989-1992 do not seem to have been taken on board.
An unexpectedly large number of occupational pension scheme members were persuaded to switch to a personal pension in circumstances likely to provide poorer benefits - the notorious mis-selling of personal pensions.
We use the term 'mis-selling' here to refer to personal pension take-up by those who were apparently ill-advised to do so in view of their low earnings or older age.
I am sorry to say that there has been very little done about mis-selling.
It is outrageous that many companies have sought to pay their pension mis-selling compensation out of the orphan assets.
I want the full panoply of conditions and constraints to be used to raise the game in relation to doorstep and telephone mis-selling.
They benefited from mis-selling, but have fled the scene.
