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This is a tax-efficient way to save money for when you have retired, or for later life when you are no longer able to earn.

< ABI insurance glossary

The glossary is intended as a general aid to help you understand some of the commonly occurring phrases and jargon used in the insurance world.  If you have any questions about the use or meaning of a term or expression in any particular product or literature, you should raise them with the provider concerned.