Fixed term
Describes a savings account or form of investment with a minimum or known time period that’s agreed at the outset.
With a fixed-term investment, the investor parts with their money for a specified period of time, after which they’re repaid the amount they’ve invested and any income due.
Should I save or invest?Popular terms
Ready-made pension
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...
Pension builder
The Pension builder fund is AJ Bell’s low-cost standard option, designed to help you invest the money you’ve paid into...
Non-workplace pension
A type of pension that you set up yourself. You control how much you pay in (and when) as well...