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Financial Dictionary.

 
This is a browseable and searchable reference tool for terminology relating to UK-based personal finance and financial products.
You can browse alphabetically, or search for a specific term.
 
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Recent Financial Topics

 

I'm widowed, with six grandchildren, and am considering leaving this pension pot to them, but how does this work if they wanted to take money out of it after I die?

I have £300,000 invested in a pension - how can I leave it to my six grandchildren?
03/05/2024 01:22 PM

A Pret A Manger posh cheddar baguette was my favourite workday treat. But several months ago, I swore I'd never buy one again - nor anything else from the ubiquitous chain.

Why Pret's £4.50 cheddar baguette made me swear never to buy anything from the chain again
03/05/2024 11:40 AM

Many younger people are unlikely to be able to match the financial quality of life that their parents enjoyed - but reducing the tax they pay on money they inherit can help.

Most parents think their children will be worse off than they are - how to cut inheritance tax if you help them
03/05/2024 11:29 AM