This week the Financial Services Authority issued a fine of £2.45m against Standard Life for "misleading" customers of its Pension Sterling Fund.
Money Box first reported on the problems of this fund a year ago.
Although it was marketed as a "cash" fund , nearly half the fund went into high risk assets including some which depended on sub-prime mortgages.
We return to the man who first pointed out the problems with the marketing material, lawyer and compliance specialist Adam Samuel.
This item was first broadcast on Radio 4's Money Box on Saturday, 23 January 2009