Glossary of UK wealth and behavioural terms.

A UK tax-advantaged savings or investment wrapper. Income and capital gains within an ISA are free of UK income tax and capital gains tax. Annual subscription limits are set by HMRC.

An ISA holding cash deposits. Interest earned is exempt from UK income tax. Typically used for short-term savings or as a low-risk allocation within a wider portfolio.

An ISA holding investment assets, including funds, equities and bonds. Returns are exempt from UK income tax and capital gains tax inside the wrapper.

An ISA designed for first-home purchase or retirement saving for those aged 18 to 39. Contributions attract a 25 per cent government bonus, with restrictions on withdrawal.

A long-term tax-free savings or investment account for children under 18. Funds are locked until the child turns 18, at which point control transfers automatically.

The act of paying new money into an ISA in a given tax year. Subscription is distinct from transfers between ISA providers.

A personal pension wrapper that allows the holder to choose from a wide range of permitted investments. Contributions attract tax relief at the holder's marginal rate, subject to annual and lifetime limits.

A retirement income approach in which the pension holder leaves capital invested and draws income or lump sums as required. Income is variable and depends on investment performance and withdrawal strategy.

A guaranteed income product purchased with pension assets. Annuities pay a contractual income for life, or for a defined period, in exchange for a one-off premium.

The tax-free cash element of a defined contribution pension, typically up to 25 per cent of the fund value, accessible from the minimum pension age.

The rate at which a retiree can draw income from a portfolio with an acceptable probability of not running out of money over the planning horizon. Often expressed as an inflation-adjusted percentage of starting capital.

The risk that poor investment returns early in retirement, combined with ongoing withdrawals, permanently impair the long-term capital base of a drawdown portfolio.

Household assets that can be converted to cash quickly without material loss of value, including cash deposits, listed investments and ISAs.

Household assets that cannot easily be converted to cash, including primary residence equity, private business interests and certain alternative investments.

A household segment typically holding investable assets in the range of GBP 100,000 to GBP 1 million. The largest single segment of the UK retail wealth market by population.

A household segment with investable assets above GBP 1 million, excluding primary residence. Definitions vary by firm and regulator.

The expected movement of wealth from older to younger UK generations through inheritance, lifetime gifting and trust structures over the coming decades.

A single, unbroken interaction with one of our consumer tools. Sessions are anonymous and cannot be linked across visits or devices.

A cleaned, validated data point representing a meaningful decision within a modelling session, such as choosing a contribution level or selecting an income strategy.

A recurring pattern of behaviour observed across many sessions, used to segment the market by what households actually do rather than by demographics alone.

The gap between what consumers say they will do in surveys and what they actually do when modelling real decisions. Wealth Intelligence measures the latter.

A scheduled, comprehensive intelligence report published once per calendar month, covering the previous reporting period.

A short, focused briefing distributed weekly to subscribers, highlighting material moves and emerging signals between monthly reports.

A named-user licence within a subscription. Each seat is personal and may not be shared. Seat allocation is managed from the firm dashboard.

A custom intelligence engagement, scoped and quoted on a per-project basis, drawing on the same underlying behavioural pipeline.

The UK regulator responsible for the conduct of authorised financial services firms. Wealth Intelligence is not authorised or regulated by the FCA and does not provide regulated advice.

The FCA framework requiring firms to deliver good outcomes for retail customers across products, price and value, consumer understanding, and consumer support.

The UK's data protection framework, derived from the EU GDPR and applied through the Data Protection Act 2018. Governs the lawful processing of personal data in the UK.

Any data that could be used to identify a specific individual, such as name, email address, or national insurance number. Wealth Intelligence does not collect or process PII at any stage of its data pipeline.

The regulatory requirement for financial advisers to ensure that any recommendation is appropriate for the client's circumstances, needs and objectives. Market intelligence can support, but does not substitute for, suitability assessments.