A new type of low-cost pension, available from April 2001. Employers with five or more employees have to make a stakeholder pension available to their staff. Stakeholder pensions are also available from authorized financial institutions, such as insurance companies, banks, and building societies. Stakeholder pension providers can only charge a maximum of 1% of the value of the pension fund each year to manage the fund, plus costs and charges (such as stamp duty). Any extra services and any extra charges not provided for by law, such as advice on choosing a pension or life assurance cover, must be optional. All stakeholder schemes will accept contributions of as little as £20, payable weekly, monthly, or at less regular intervals. The scheme must be run by trustees or by an authorized stakeholder manager.

• decision table
• decision trees
• declaration day
• declaration of dividend
• declaration of solvency
• decreasing term assurance
• deductions at source
• deed
• deed of covenant
• deed of partnership
• deep-discount
• deep-gain security
• deep market
• default
• defeasance
• defended takeover bid
• defensive security
• deferred annuity
• deferred coupon note
• deferred credit
• deferred debit
• deferred expense
• deferred income
• deferred ordinary share
• deferred-payment agreement