See our definitions to help you understand financial and legal terms.
This is a new service and we are still building our library of terms - please let us know any comments or suggestions for new definitions in the page feedback section below.
Warning List
Our Warning List shows firms that we’re concerned are working without our permission. We add firms to this list as soon as possible, but if a firm isn’t on the list, it could still be a scam. Unauthorised firms often change their names, and it may not have been reported to us.
Wealth management
Wealth management is a financial service provided to customers who have signed an agreement with a firm to have their money or investments managed. This is done on either a discretionary or advisory basis. Visit MoneyHelper for more information about investing.