Now that the worm has turned...

MakingEndsMeetToo

The largely successful campaign in reclaiming bank charges has got me thinking. Now that we hard-done-by individuals have shown that we can stand up to the mighty financial institutions, who's next?

The group that make me see red are the companies who have sold poorly performing endowment policies and who wring their hands and claim that they can't do anything about it - blame the market etc., BUT, at the same time are busy trying to "release" so-called orphan assets (set aside as a contingency for difficulty times) for the exclusive benefit of shareholders and, of course, senior executives.

Close behind are the equity release companies who let hard up houseowners borrow money against their property while taking a share of any increase in the property's value, making it a very expensive loan indeed - often at the expense of children who lose a significant share of their potential inheritance.

So who's next? Go get 'em guys!