Letter: Financial advice

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The Independent Culture
Sir: We are told that the Government now proposes to come down heavily on the insurance companies which "mis-sold" private pensions. I confess I am not quite sure what this word means. (I cannot find it in any of my dictionaries.) But it is clearly conduct which deserves to be punished.

We now learn that part of our railway system was sold off by the last government for about one billion pounds less than it was worth. Was it "mis-sold"? If so, cannot the present government do something about it?

GRAHAM DON

London E3

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