Transaction account
In our Cash savings hub, your transaction account is where your money is held before it transfers to the savings account(s) you’ve chosen.
When you apply for the Cash savings hub with us, we’ll open a transaction account for you, in your name, with Clearbank. It’ll be your personal account, with its own account number and sort code.
More on our Cash savings hubPopular 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...