Unit

Funds (for example Unit Trusts) are split into units of ownership. If you buy into an investment fund, you buy units in the fund.

Other types of fund, (for example an OEIC) with different structures, are split into shares.

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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...