The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


Defined Benefit Scheme

Defined Benefit Schemes (DBs) are commonly known as final salary or career average schemes, in which you as a member are entitled to annual income. The amount of income that you are entitled to however, depends on your previous earnings and length of service. The investment risk hereby lies with the pension fund, so if the fund fluctuates, the benefits to which you are entitled to won’t change.