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Glossary

We know that there are many confusing terms used in the Financial Planning profession. That's why we've created this glossary to help you understand terminology and ancronyms you may be unfamiliar with.

Do you have a word in mind that's not listed? Simply submit it to us at the bottom of the page and we'll aim to add it the glossary with a full explanation within 24 hours.

Annuity

Attachment Order

Attitude to risk

Beneficiary

Benefit Nomination

Capacity for Loss

Contribution

Defined Benefit (Final Salary) Pension

Defined Contribution (Money Purchase) Pension

Lasting Power of Attorney (LPA)

Money Purchase Annual Allowance (MPAA)

Pension Commencement Lump Sum (PCLS)

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