We receive occasional representations about the mis-selling of endowment policies.
It will look particularly at marketing material, collusion between managers of split funds and mis-selling by advisers.
If anyone were advised to do that it would be blatant mis-selling, far worse than any scandal we have seen in any other area.
If a private company was involved, it would be regarded as mis-selling.
More than a quarter are about providers not complying with the rules of the scheme, mis-selling or potential fraud.
Until the problem is tackled and financial advisers are rewarded for their advice as much as for what they sell, mis-selling is bound to continue.
I realise that there is a background of mis-selling in the pensions industry and among some independent financial advisers.
They benefited from mis-selling, but have fled the scene.
