Trust no one in finance, they will only state what they want you to think to get your capital.
Yes, having bought an endowment mortgage for my first house (age 23), I was seriously misled and lost a lot of money on that particular bit of financial chicanery. I've got a lot more cynical in my (relatively) old age.
Although apart from property (in the long run) the best investments I've made were always in my own education and training.
G