Glossary

NEST –National Employment Saving Trust http://www.nestpensions.org.uk/schemeweb/NestWeb/public/home/contents/homepage.html

FSA – Financial Services Authority http://www.fsa.gov.uk/

IFA – Independent Financial Adviser

RDR – Retail Distribution Review – Starts at the end of 2013 and will change the qualifications and processes that IFA’s will require to do business.

Defacto / Synaptics – Research tools that help us research the whole of the market.

LTV – Loan to Value – A percentage of the amount of your loan against the value of the property.

ISA – Individual Savings account – Tax free account that can be invested in cash or shares.

PPP – Private personal pension – A pension that is set up for individuals to assist in saving for retirement.