A changing tide?

It is perhaps understandable, as we trudge through the swamp of the worst investment market for a generation, that so many have turned against the speculative in favour of the guaranteed. Add to that the genuine scandals such as the mis-selling of personal pensions and the slow sinking of Equitable Life and you can condone almost anything in defence of those who have found themselves victims. Endowment mortgages have received a battering over recent years. This is not justified and much of the problem lies in the depth of understanding by those involved.They are not hugely dissimilar to m...