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FSA measures consumers&#39 financial capability

Addressing a discussion, Financial Capability: Making informed decisions about mortgages, held at the House of Commons last week, the FSA said the baseline survey is progressing well.

Part of the regulator&#39s remit is to help the public understand financial issues and ensure they do not buy unsuitable products. The industry and politicians agree that it is vital to help people understand finance so they can avoid getting themselves into dire straits.

Stephen Knight, chairman of discussion sponsor GMAC-RFC, says: “We want to encourage people to own their own homes and repossession should be avoided.”

To help people assess their affordability credit checking agency Experian is developing a self- assessment tool that will specifically target borrowers on the brink of indebtedness.

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In Focus — May 2015: private medical insurance market in Germany

Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.

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