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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.

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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.

Adviser Charge

Annual Management Charge (AMC)

Annuity

Asset Allocation

Attachment Order

Attitude to risk

Beneficiary

Benefit Nomination

Capacity for Loss

Contribution

Defined Benefit (Final Salary) Pension

Defined Contribution (Money Purchase) Pension

Incidental Costs

Investment Strategy

Lasting Power of Attorney (LPA)

Money Purchase Annual Allowance (MPAA)

Ongoing Charges Figure (OCF)

Pension Commencement Lump Sum (PCLS)

Personal Finance Portal (PFP)

Platform Charge

Rebalancing

Tax free cash (TFC)

Total Expense Ratio (TER)

Transaction Costs

Weighted Average Charge

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If you'd like an entry added to our Glossary that's not currently listed, enter it below and we'll aim to add it within 24 hours.

Thanks for submitting. We'll aim to add your suggested term with an explanation within 24 hours.

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Authorised and regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No 917358 at https://register.fca.org.uk/.

 

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK

 

Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:

The Financial Ombudsman Service, Exchange Tower, London, E14 9SRTel: 0800 023 4567 or 0300 123 9123. 

www.financial-ombudsman.org.uk

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Please visit our legal declarations pages.

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LEGAL DECLARATIONS

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