You are here

Misrepresenting financial products

Misrepresentation - an untrue statement or omission of a fact or any statement that is otherwise false or misleading - can erode trust in the financial services industry

AS INVESTORS, we have been pitched various financial products for different needs. Have you ever been led to believe that an endowment insurance policy is in fact a savings account? Or been told by a charming salesperson that an investment-linked insurance product is no different from a unit...