Describes a life insurance or pension contract where the regular payment has stopped and no more payments are made.

Insurance which can be included in or separate to another financial product to which you make regular payments (such as a loan).  If you are unable to pay the regular payments due to an accident, sickness or unemployment this insurance is designed to pay the regular payments for you.

The document issued by the product provider specifying the terms of the financial product.  The policy document is an important legal document.

The bank, building society, insurance company or investment fund manager, or another firm, which provides the financial product we advise on or arrange.

A financial product providing insurance only, with no investment element.

Any adviser who is not an Independent Financial Adviser.

When we carry out activities regulated by the Financial Conduct Authority we must categorise our clients.  PageRussell clients are almost always Retail Clients and receive a higher level of regulatory protection than the other categories (Professional Clients and Eligible Counterparties).

A loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the lender.  If the borrower defaults on the loan repayments, the lender can take possession of the asset used as collateral and may sell it to regain the amount originally lent.

The individual underlying investments held in your investment portfolio such as shares in a public company or UK government bonds.

A Small Self-Administered (pension) Scheme is a scheme where a group of people can pool their pension funds to make their own investments in shares, commercial property or make loans to third parties, such as their company.