Index
A list of investments and their prices. For example, the FTSE 100 index is a list of the 100 largest companies whose shares can be bought or sold on the London Stock Exchange.
The weighted value of these shares usually moves up or down throughout a trading day. There are indices for all sorts of sectors, regions and stock exchanges.
Popular 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...