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18 Cards in this Set
- Front
- Back
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What is a bancassurer |
A name for a bank that have set up their own life assurance company |
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Difference between a pib and gilts/corporate bonds |
Undated interest payments are not guaranteed |
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What is an interest only mortgage |
Where they pay back the borrower the interest only until the end of the term where the full amount needs to be paid |
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Home revision scheme |
Sellers revive 20-60% of home value as they are allowed to continue living in the home. |
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Lease hold property .. lenders require what term of the lease to run |
25 years beyond redemption date |
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Under BIPRU liquidity rules what liquid assets should be held ? |
Rely on a small amount |
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Under consumer legislation a borrower would not have extended cancellation rights if ... |
The document was signed on the lenders own premises |
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Name a product category that is not within the ICOBS handbook |
Accident sickness and unemployment insurance |
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Name a product category that is not within the ICOBS handbook |
Accident sickness and unemployment insurance |
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Banks life offices and friendly societies are not subject to which rule |
Client money |
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Name a product category that is not within the ICOBS handbook |
Accident sickness and unemployment insurance |
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Banks life offices and friendly societies are not subject to which rule |
Client money |
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Each year the FCA must submit a report of its activities to |
Parliament |
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You have provided a client a agreement document the purpose of the rules regarding content is to ensure the client will know |
Costs The type of firm they are Delong with |
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What is a convertible term assurance policy |
Allows the policy holder to change an endowment or whole life policy with the same sum assured |
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What benefits means you automatically receive housing and council tax benefits |
Income support |
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What is a gift inter vivos policy |
A seven year decreasing term assurance |
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What strategy does the fca work with the BOE and treasury for |
Financial stability |
