Shares
A share is a small part of a company. So when you buy shares, you effectively become a part owner of the company.
Depending on how well the company does, the value of your shares could go up or down, giving you either a profit or a loss when you sell them.
If the company makes a profit, its directors may choose to distribute income to the company's shareholders in the form of dividends.
More on Shares and marketsPopular 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...