The Pensions Guide
Accessibility

Background

Pensions Knowledgebase and Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

...U...

ItemDescription
Unallocated assets These are pension scheme assets which have not yet been used to provide pension benefits.
Unit trusts A trust which people can invest in by buying units. The trust uses investors' money to buy investments. The fund manager values the fund's assets from time to time and puts a new price on the fund's units.
Unit trusts are sometimes called collective investment schemes.

© RuleWorks - All Rights Reserved - Policy -