Index tracker

A fund which tracks the performance of an index by investing in companies listed on it. Index funds aim to duplicate, rather than beat, the index they’re tracking.

Investing in an index fund gives you exposure to every company listed on it, without having to buy each investment separately.

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...