The City watchdog is planning an inquiry into 30 million policies sold by   insurance companies from the Seventies to the turn of the Millennium, The   Telegraph can disclose. . .

http://www.telegraph.co.uk/finance/personalfinance/pensions/10728440/Savers-locked-into-rip-off-pensions-and-investments-may-be-free-to-exit-regulators-will-say.html#disqus_thread