The article elaborates on MoneySavingExpert.com founder Martin Lewis's concern over the sales culture of banks in Great Britain. Lewis points out factors that increase misselling risk which include incentives schemes, lack of consumer financial education, and poor quality of sales staff. It also ...
but because, as Alcott says, people with disabilities “still buy cereal, fast food, toothpaste, insurance, underwear, travel and open bank accounts like every other Australian”.
The article presents opinion of Martin Lewis, founder of MoneySavingExpert.com, on investigation of the Financial Services Authority (FSA) of Great Britain on sales incentive schemes of banks, insurers and investment firms, which promotes misselling. Lewis tells that misselling risk is not only ...
Lewis says the risks of misselling are worsened by staff who are poorly trained, poorly paid, and who do not even know that what they are selling is wrong.HoltNatalieFundweb