Fsa Articles

1). The 1st Step Toward Consumer Driven Health Plans - Why supplemental benefits make the transition easier By : John Logan
Part of the reason that I initially got my insurance license, was that as a business consultant focused on change management, nearly every business owner, CFO and HR director that I spoke to asked me what I could do about the rising cost of their healthcare benefits. Up until recently, with regard to their major medical plan costs rising at double-digit rates every year, there was little I could recommend aside from biting the bullet and accepting that it would be a painful process of micro re-examination of plan costs nearly every year.
Article Related to: insurance, hsa, consumer driven health plans, cdhp, deductible, transition, health savings account, fsa, employee benefits, benefits, insurance plans, insurance providers, supplemental benefits, aflac, insurance policy, health insurance, tax savings

2). Life Insurance and the Law. A layman's introduction. By : Michael Challiner
There are no laws in the UK that require a person to have life insurance. It’s an entirely voluntary insurance. About 40% of the UK's working population are covered by life insurance either through their own policy or via an arrangement through their employer. So the simple things first. You have to be a UK resident in order to buy a life insurance policy from a UK based insurance company.
Article Related to: life, insurance, law, fsa, compliance, adviser, broker, execution

3). Legislation and Governing Bodies Affecting the Secured Loans Industry By : Adrian Hudson
Introduction The Secured Loans market is often referred to as 'Unregulated', but what does this mean? This article will attempt to answer this question by looking at the both official and non-official governing bodies that have an affect Secured Loans. It will also briefly discuss the various Parliamentary Acts that incorporate legislation affecting the Secured Loans or Second Charges market.
Article Related to: secured loans, secured loans industry, fsa, loans, oft

4). Mortgages. Exit Fees To Be Capped. By : Michael Challiner
In the last 3 to 5 years we have seen rises of up to 450% in the exit fees charged by lenders when borrowers redeem their mortgage. But at last the Financial Services Authority (FSA) ha seen the light and is going to crackdown on these increases. Lenders have been telling new borrowers about the exit fees currently charged, but the lender has retained the right to increase those charges at any time and without advising borrowers.
Article Related to: mortgage, fees, fsa, exit

5). Flexible Spending Accounts- A Great Employee Benefit By : Kathy Swann
If you are lucky enough to work for a company that offers Flexible Spending Accounts, be sure to take advantage of this great benefit that will put more money back into your pocket. If you or your dependents have any medical or dental expenses not covered under your health insurance during the year, you can use this benefit to pay for them with pre-tax dollars.
Article Related to: fsa, flexible spending accounts, employee benefits, save on taxes, pre-tax employee benefits

6). Interest Only Mortgages – FSA Makes Move To Protect Homeowners By : Michael Challiner
Abbey recently stated that over 25% of homeowners decide to take out an interest-only mortgage. It's not hard to see why – the monthly payments are significantly less, just look at this example based on a 25 year Ł125,000 mortgage at 5%. The interest only mortgage will cost Ł525 per month - but the repayment mortgage is Ł735 per month – an additional Ł210 a month – that's a lot of money! At the root of the issue are the first time buyers – they simply can't afford the repayment mortgage, so take the interest only option as an easier way out.
Article Related to: fsa, interest, mortgages