Trust
A legal agreement for a third party to hold and manage assets for the benefit of a person or group of people.
The people (or organisations) managing the assets are known as the trustees. The people who can benefit from the assets are known as the beneficiaries.
The term ‘settlor’ or ‘donor’ is used to describe the person who puts assets into the trust in the first place.
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...