Blowin' in the windfall.
The question of whether pension holders should be awarded compensation for mis-selling, regardless of any windfall profit received, gathers pace following a recent ruling.
Imagine someone was mis-sold a private pension and later compensatedto put them in the position they would otherwise have been in - should
they be allowed to keep the 'windfall profits' they received when the
pension company demutualised in the meantime? Or should those profits be
taken into account in the compensation they receive?
Common sense suggests that if they keep the profits they would be unjustly
enriched. The compensation is to put them in the position they would have
been in if they
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