Archive for July, 2015
What is a Pension Annuity?
An annuity is a product that converts the money you’ve saved up in your pension pot into a monthly or yearly retirement income payable for either the rest of your life or a fixed number of years. You don’t have...
Read More What is an ISA?
An Individual Savings Account (ISA) is a scheme that allows individuals to hold cash, shares, and unit trusts free of tax on dividends, interest, and capital gains. There are two main types of ISA: Cash ISA’s where all interest earned on money...
Read More What is a Gilt?
Gilts are Bonds that are issued by the British Government to raise money. They are generally considered to be a low risk investment. The term originated in Britain and referred to debt securities that had a gilt (or guilded) edge. Conventional gilts...
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