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Financial Glossary

Key terms explained in plain English, no jargon, no complexity. We appreciate our industry uses a lot of financial ‘jargon’, which can make it difficult to decipher information and correspondence. In order to try to assist with this, we have created a glossary of many of the terms you may come across. If you would like further clarification on any of the definitions, or cannot find a particular term, we would be happy to assist further.

Joint-Life Annuity

An annuity that pays you a regular income for life and then when you die usually pays your dependant a regular income for life too. 

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