Financial Services; Issues and Mis-selling

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This 18 page paper is written in 3 parts. The first part looks at the issues that Callum McCarthy, McCarthy, the Chairman of the Financial Services Authority (FSA) argued were necessary for an efficient financial services market to exist. The second part of the part look at the problems and issues in the way any mis-selling of financial products needs to be assessed. The last, and largest part of the paper examined the pensions scandal of the late 1990’s, examining what to many pension were mis-sold. The bibliography cites 4 sources.