(FSAVC) An employee's pension scheme which is additional to but independent from his occupational pension.

A bond in which a single premium secures a guaranteed amount at its maturity.

A reference to the major operational changes on the London Stock Exchange which took place on.

A term normally associated with accident insurance. Under certain conditions, for example a road.

Interest cover measures the amount of interest paid by a company on its borrowings against its.

Instead of making an initial charge, some unit trust companies (particularly PEP managers) make a.

The unofficial trading of securities before their formal issue.

Interest earned by deposits at banks and financial institutions, or on gilts etc. before.

A legal term given to an investor whose experience is such that members of the FSA are entitled to.

Liabilities that may or may not be incurred by a company and which depend on the outcome of say a.

In 1887 Charles Dow (as in 'The Dow Jones') developed two stock market 'averages':

(GPM)A mortgage scheme in which monthly payments commence at a lower level and increase over a period of.

A type of bond devised by the US Treasury secretary, Nicholas Brady, in 1989, and issued by a.

A scheme set up to give limited protection to people with share and/or deposit accounts in.

(GMP)The minimum pension payable by a pension scheme in order that members may contract out of S2P (State.

An options strategy which has the same risk-reward profile as another strategy. For example, a long.

In the US, a tax imposed by the federal government or state on the net value of a deceased person's.

A fund whose portfolio comprises a range of securities from markets around the.

Gold or silver in the form of ingots for bulk.

(GPP)At its simplest, this is a series of individual personal pension plans, although if an employer.