LEI

‘Legal Entity Identifier’. A unique code required whenever a legal entity invests in a financial instrument (e.g. shares, bonds, exchange traded funds, investment trusts and derivatives) on a regulated exchange. The LEI is reported whenever they make a transaction.

Examples of legal entities are Trusts (with the exception of Bare Trusts), Companies, Pension Funds (with the exception of SIPPs), and Charities.

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Popular terms

Lump sum and death benefit allowance

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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...