Wealth Management Glossary

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.

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SEDOL
This stands for the Stock Exchange Daily Official List. It is an identifier assigned by the London Stock Exchange for all securities issued in the United Kingdom. They also form part of the security's ISIN as well.

SIPP
Self-invested personal pension is UK government-approved personal pension scheme, which allows individuals to make their own investment decisions from a large selection of investments approved by HM Revenue and Customs (HMRC)

Share Class
Share classes are special designations applied to stocks and mutual funds. Not all shares are created equal.