Industry WIKI

Asset-based egalitarianism is a form of egalitarianism which theorizes that equality is possible by a redistribution of resources, usually in the form of a capital grant provided at the age of majority. Names for the implementation of this theory in policy include universal basic capital, stakeholding and ownerism, and are generally synonymous within the equal opportunity egalitarian fra

A child trust fund (CTF) is a long-term savings or investment account for children in the United Kingdom. New accounts can no longer be created as of 2011, but existing accounts can receive new money: the accounts were replaced by Junior ISAs.

The finances of the British royal family come from a number of sources. The monarch and some of his family are supported financially by means of the Sovereign Grant, which comes from the government and is calculated as a percentage of profits from the Crown Estate, and which is intended to meet the costs of the sovereign's official expenditures. This includes the costs of the upkeep of t

An individual savings account (ISA or Isa; ) is a class of retail investment arrangement available to residents of the United Kingdom. Introduced in 1999 as an Individual Special Savings Account (ISSA), the accounts are exempt from income tax and capital gains tax on the investment returns, and no tax is payable on money withdrawn from the scheme.

A self-invested personal pension (SIPP) is the name given to the type of UK government-registered personal pension scheme which allows individuals to make their own investment decisions from a wide range of investments by HM Revenue and Customs (HMRC).

A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust arises when a bank account is titled in the