Examlex
All of the following are overarching principles in the IMA Statement of Ethical Professional Practice except
Lifetime Income
The total amount of money earned by an individual over the course of their life.
Consumption Tax
A tax on the purchase of goods and services, paid directly by consumers.
Tax-Advantaged
Refers to investments or accounts that offer tax benefits or exemptions to the investor, reducing the tax burden and enhancing potential financial returns.
Forward-Looking
A term used to describe actions or policies designed with consideration of future consequences and outcomes.
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