30 March 2022

Mind The Mis-Selling Traps On The Path To Retirement

Nilanjan Dey
Age, author Mark Twain is known to have stated, is an issue of mind over matter, and if you don’t mind, it doesn’t matter. Try telling that to senior citizens, especially the ones who are not so comfortably retired for various reasons, and more often than not, you will get a sharp retort. Superannuated seniors do mind. A medley of irritants perturbs them all the time, some of these upend the most well-laid retirement plans. Take a straw poll, and you will no doubt identify their biggest worry: mis-sold financial products. Or, to see things through a differently hued prism, investments that seemed oh-so-right once upon a time. Hindsight, that old reprobate, has now rendered them effete. The reason is not far to seek, as some of those who have borne the brunt of it will regretfully but truthfully admit. In countless cases across the country, financial products have been...
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