Inflation
The measure of how prices of goods and services (and therefore the cost of living) are increasing over a period of time. The speed of rising prices is known as the rate of inflation.
The official measure of inflation in the UK is the Consumer Prices Index (CPI).
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...