Posts Tagged 'Annuity Jargon'
Annuity Rates – Annuity Jargon
Jargon Buster Accrual rate The proportion of pensionable earnings you receive as a pension for each year of a pension scheme membership. Annuity A series of fixed payments that are paid at regular intervals usually until you die. AVCs Additional Voluntary Contributions A pension top-up for an occupational pension. You pay contributions into a scheme [...]