Financial advisers help individuals and businesses plan their financial future. To properly advise their clients, they must understand the terminology associated with financial planning. A Financial Adviser Glossary is a great resource to learn some of the most common terms used in the financial planning field. From “accrued interest” and “asset allocation” to “risk tolerance” and “taxable income,” this glossary provides a comprehensive look at the language of financial planning. Understanding these concepts will enable an adviser to better serve their clients, helping them make sound decisions about their finances and achieve their goals. With the right knowledge, advisers can be invaluable resources for those seeking guidance on how to best manage their money.
Common Financial & Tax Terms
- APR
- AAA Rating
- Additional Rate Tax Added Years (Of Service)
- Additional Voluntary Contributions (AVCS)
- Adviser
- Adviser Charging
- Amount of Income
- Annual Allowance
- Annual Management Charge (AMC)
- Annuity
- Asset Allocation
- Asset Class
- Bid Price
- Bonus
- Broker
- Buy and Sell
- Capital Gain
- Capital Gains Tax
- Cash Isa
- Certified Financial Planner Board
- CFP
- Commissions on Financial Products
- Common Financial
- Common Stock
- Company Pension Scheme
- Compound Interest
- Conflict of Interest
- Consumer Price Index
- Conventional Annuity
- Critical Illness Cover
- Deduct
- Defined Benefit Pension
- Defined Contribution Pension
- Direct Debit
- Dividend
- Dow Jones
- Enhanced Annuity
- Equity Release
- Estate
- Estate Planning
- Examples Include
- Exchange Traded Fund (ETF)
- Expressed as a Percentage
- Fee-Based Financial
- Fiduciary
- Final Bonus
- Financial Advice
- Financial Advisers
- Financial Analysis
- Financial Analyst
- Financial Coaching
- Financial Conduct Authority (FCA)
- Financial Decisions
- Financial Future
- Financial Goals
- Financial Industry
- Financial Industry Regulatory Authority
- Financial Institution
- Financial Markets
- Financial Ombudsman Service (FOS)
- Financial Planner Board of Standards
- Financial Planners
- Financial Planning Services
- Financial Product
- Financial Professionals
- Financial Security
- Financial Service
- Financial Services Company
- Financial Services Compensation Scheme (FSCS)
- Financial Terms
- Gilt
- Goods and Services
- Group Personal Pension (GPP)
- Guaranteed Pension Annuity
- Health Insurance
- HM Revenue & Customs (HMRC)
- Income Choice Annuity
- Independent Financial Adviser
- Individual Retirement Account
- Individual Savings Account (ISA)
- Inheritance Tax
- Interest Rate
- Interest-Only Mortgage
- Investment
- Investment Advice
- Investment and Financial
- Investment Company
- Investment Trust
- Investor
- Issued by Companies
- Junior Isa
- Lender
- Liability
- Life Assurance
- Lifetime Allowance
- Lifetime Isa
- Loan-To-Value Ratio (LTV)
- Managed by Financial Professionals
- Mortgage
- Mutual Fund
- National Insurance (NI)
- Net Income
- Number of Shares
- One Financial
- Open Market Option (OMO)
- Options
- Pay Interest
- Pension
- Pension Commencement Lump Sum
- Pension Credit
- Pension Fund
- Pension Transfers
- Pensionable Earnings
- Pensionable Service
- Personal Allowance
- Personal Equity Plans (PEPS)
- Personal Pension
- Policy
- Policy Conditions
- Policy That Pays
- Policyholder
- Pooled Investments
- Potentially Exempt Transfer
- Power of Attorney
- Premium
- Price to Earnings Ratio (P/E)
- Private Medical Insurance
- Probate
- Protected Rights
- Purchased Life Annuity
- Qualifying Years
- Rate of Interest
- Redemption Date
- Reducing Term Assurance
- Reduction in Yield
- Redundancy Insurance
- Registered Investment
- Registered Investment Adviser
- Regular Bonus
- Regulated
- Repayment Mortgage
- Retail Prices Index (RPI)
- Retirement Annuity Contract (S226)
- Retirement Date
- Retirement Plan
- Return
- Risk
- Salary Sacrifice
- Savings Account
- Savings Plan
- Securities
- Securities and Exchange Commission
- Security
- Selling Price
- Seven Year Clock
- Share in a Company
- Shareholder
- Small Gifts Allowance
- Solicitor
- Stamp Duty Land Tax
- State Earnings-Related Pension Scheme (SERPS)
- State Pension
- State Pension Age
- State Second Pension
- Stock
- Stock Exchange
- Stockbroker
- Stocks and Shares
- Sum Assured
- Surrender Value
- Taper Relief
- Tax
- Tax Credit
- Tax Relief
- Tax-Efficient Investing
- Taxable
- Term Assurance
- Terminal Bonus
- Testate
- Trust
- Type of Investment
- Type of Pension
- UFPLS (Uncrystallised Funds Pensions Lump Sum)
- UK Gilts
- Uncrystallised Pension
- Unearned Income
- Unit Trusts
- Unit-Linked
- Unitised With-Profits
- Unregulated
- Valuation
- Venture Capital Trust (Vct)
- Whole-Of-Life Policy
- Will
- With-Profits Bonus
- Working With a Financial
- Yield
- Yield Curve
