libf unit 2 topic 9

2. An independent service set up under FSA 2010, providing free and impartial money and pensions guidance for people all across the UK.
4. Looks at a person's financial position in relation to their circumstances and aims to anticipate future events.
5. When an individual or provider is negligent or reckless in selling a product to an unsuitable customer
7. A type of financial advisor that can only offer certain types of products from a limited number of providers.
10. An independent body set up by Parliament that settles customer complaints about providers at no charge to consumers.
12. A loan designed to be taken out for only a very short period, which charges a very high APR.
13. When your property becomes worth less than the remaining value of your mortgage.
14. A website that compares the price of a particular product or service in different stores or from different companies.

1. The rate of increase in prices over a given period of time.
3. An insurance product that pays out a lump sum after a specified term or if the insured person dies before the end of the term.
6. A type of insurance that continues indefinitely and pays out a lump sum once a policyholder dies.
8. A programme on BBC 4 that gives information on financial products.
9. A type of loan used to purchase or maintain a home, plot of land.
11. A type of financial advisor that are able to consider all types of investment products.