Consumer watchdog Which? has called on the financial regulator to take action on "risky" financial products.
It said some financial products, such as extended warranties for electronics, ID fraud protection, credit card protection and structured deposit schemes - are sometimes actively mis-sold.
Other products were simply poor buys, such as charity credit cards, whose customers would need to spend £129,600 every year in order to match the average donor's contribution of £27 per month.
– Which? Executive director Richard Lloyd
There are still far too many financial products on the market that are risky or offer poor value for money and some that are being mis-sold to consumers.
We want the financial regulator to take tough action and crack down where it finds evidence of poor practice.