Collective investments
A collective investment, such as a fund, lets multiple investors pool their money together by buying shares or units in the fund. This allows them to access a wide range of investments.
Collective investments typically have an investment manager, and concentrate on one sector, investment objective or on tracking a particular market or index.
Examples of collective investment include investment trusts, units trusts or OEICs. The official structure of the collective investment depends on which type it is.
Popular terms
This is a limit on the total tax-free lump sums that can be paid from your pensions both in your...
When you access your pension, you can usually take up to 25% of the value tax-free. The lump sum allowance...
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...