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					Word(s) :   Final salary scheme - a type of pension scheme where the fund is calculated based upon the policy holder's final salary. The number of years in employment are also taken into consideration. Financial Ombudsman Service - Independent body to decide complaints relating to banking, investments and insurance. Financial year - The 12 months that a company or business chooses to prepare its accounts for. Many companies do not use a calendar year for their accounting period. Fiscal policy - Government policy on influencing the direction of the economy through the use of taxation. First-time buyer - a borrower taking out his or her first mortgage. Fixed premiums - Costs for an insurance policy which stay the same , usually for a specified period. Fixed rate (loan/mortgage) - where the interest rate charged on a loan or mortgage remains at the same level for an agreed length of time. Flexible loan - A loan that allows you to borrow up to an agreed amount, so that you can increase or decrease the loan depending on how much money you need from time to time. Flexible mortgage - where the borrower can under-pay or over-pay on the mortgage without incurring charges. Flotation - When a company joins the stock market and starts to sell its shares to the general public. Footsie - Another name for the FTSE 100 Index, the index of the top 100 companies in the UK. Freehold - when the land on which the property sits is also owned by the homeowner. Friendly society - A financial organisation that sells tax-exempt life insurance investments. FSA (more) - Financial Services Authority. FTSE - Where shares and equities are bought and sold. FTSE 100 index -An index of the 100 largest companies (by value) whose shares are traded on the UK stock market and which any member of the public can buy. FTSE 250 index - Similar to the FTSE 100 Index, but listing the 250 largest UK companies. Fund - A general term for any investment vehicle that pools together the money of many small individual investors and invests it according to a defined set of investment aims and objectives. Fund manager - a person employed to run a fund and make decisions about how money is invested. Further advance - When you borrow more money against your property by increasing the size of your mortgage.