In the world of finance and insurance there seem to be more acronyms than any other area of business.

1. WHAT IS MARKET VALUE ADDED?

2. In the world of finance and insurance there seem to be more
acronyms than any other area of business.
If this is meant to confuse the man in the street then it usually
does. Increasingly there are as many firms helping disgruntled
investors as there are firms trying to sell financial packages.
It’s very often the case that there has been some mis-selling of
various financial and insurance policies because the customer
never had any of it explained properly.

3. In many cases people reach retirement and find the payments
they were expecting don’t quite materialise. And they make the
mistake of thinking that every payment they made throughout
their working lives will be returned plus a handsome interest.
They may not have been aware that the salesman of the policy
was entitled to a cut or that somewhere in the fine print there
may be a condition along the lines of your investment may go
down as well as up.

4. In the news over the past year or so has been the story of mis-
selling of PPI. This one usually involved the banks and individuals
that were persuaded by their friendly bank manager to take out
some insurance that was not strictly necessary.
Again, the use of acronyms is to confuse. PPI stands for Payment
Protection Insurance and a recent survey reveals that 40% of
individuals that had bank loans or overdrafts were unaware they
even had PPI.

5. In the news over the past year or so has been the story of mis-
selling of PPI. This one usually involved the banks and individuals
that were persuaded by their friendly bank manager to take out
some insurance that was not strictly necessary.
Again, the use of acronyms is to confuse. PPI stands for Payment
Protection Insurance and a recent survey reveals that 40% of
individuals that had bank loans or overdrafts were unaware they
even had PPI.

6. The FSA – another acronym- deemed the PPI as a mis-sold and
unnecessary cost to the borrower and the banks are having to
pay all contributions back. If you think you may have been mis-
sold MVA Oxford or in any other part of the UK then you should
get in touch with solicitors that have specialised knowledge in the
recovery of these erroneous payments.
Even just trying to explain exactly what MVA, otherwise known in
full as Market Value Added needs a degree in accountancy. To the
man in the street it’s just another banking or insurance acronyms.

7. In the simplest of terms it can mean that the capital invested
turns out to be less than the amount put in and can imply a
degree of mis-management of total funds. In the property
business it could be likened to the term of negative equity.
You know when you’ve reached negative equity involving a
mortgage of greater value than your home and that’s the point
when you pack up and drop the keys to the house at your
lender’s local office.

8. Contact Us
01234 780 163
enquiries@jacksonstead.co.uk
www.jacksonstead.co.uk