Ongoing charges
All funds have an annual ongoing charge (sometimes abbreviated to OCF, for ‘ongoing charges figure’).
This charge covers the day-to-day costs of running and managing the fund, as well as any one-off charges. It’s deducted directly by the fund manager – it comes off the value of your investment in the fund.
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...