Growth funds
A type of fund that aims to increase its share or unit price over time. The other main type of fund, an income fund, aims to generate and pay out a regular income.
Growth funds often invest in companies that reinvest profits to grow value, rather than those that regularly pay out dividends to shareholders.
View AJ Bell fundsPopular terms
Lump sum and death benefit allowance
This is a limit on the total tax-free lump sums that can be paid from your pensions both in your...
Lump sum allowance
When you access your pension, you can usually take up to 25% of the value tax-free. The lump sum allowance...
Ready-made pension
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...