Pensions Glossary - J

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Joint Life. A life policy option where life assurance is taken out by two (or more) individuals, the payout coming with either the first or final death.

Joint Tenancy. Where a property is in the names of two owners, on the death of the first owner, the property passes in its entirety to the survivor. See 'Tenants in Common'.

Jurisdiction. Strictly speaking, the legal power of a court, but often taken generally to mean within a particular sphere of influence.

Pensions.co.uk is part of a large network of financial sites created to help advise you on life events, such as buying a house (Mortgages.co.uk), insuring your car (Carinsurances.co.uk), your life (Lifeinsurance.co.uk) and your home (Homeinsurance.co.uk). Remember that your ISA allowance allows you to save upto £7000 each year tax free. Try 0800 ISAs portal to find some of the best options.

1998 - 2007 UK Pensions - Planning before, at the onset and during retirement - Pensions.co.uk