when the endowments were sold
That sort of return, judging by short term returns, were feasible. Misselling has nothing to do with investment performance. Also, the current report says that a hefty proportion of those borrowers have no repayment vehicle in place. It also doesn't state how many of those mortgages were non-advised, or advised by a bank. Bank advice is laughable.
(dozers, do fuck off ur a nob m8, Thu 2 May 2013, 8:34, Reply)