Big dictionary of business and management. 2014.
funded pension scheme — An occupational pension scheme in which the future liabilities for benefits are provided for by the accumulation of a fund of assets, held externally to the business of the employer … Accounting dictionary
defined-benefit pension scheme — DB scheme An occupational pension scheme in which the rules specify the benefits to be received on retirement and the scheme is funded accordingly. The benefits are normally calculated on a formula incorporating years of service and salary levels … Accounting dictionary
defined-benefit pension scheme — DB scheme An occupational pension scheme in which the rules specify the benefits to be received on retirement and the scheme is funded accordingly. The benefits are normally calculated on a formula incorporating years of service and salary levels … Big dictionary of business and management
Pension — This article is about the retirement income arrangement. For the type of lodging, see Pension (lodging). For the mortgage repayment scheme, see Mortgage loan. Financial market participants … Wikipedia
Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… … Wikipedia
Pension Protection Fund — The Board of the Pension Protection Fund (the PPF) is a Statutory Fund in the United Kingdom. It was created under the Pensions Act 2004. The Board of the PPF is a Statutory Corporation responsible for managing the Fund and for making payments to … Wikipedia
funded unapproved retirement benefit scheme — funded unapproved retirement benefit schemes (FURBS) 1) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were… … Law dictionary
funded unapproved retirement benefits scheme — Companies may provide retirement benefits greater than the Inland Revenue limits. Such top up benefits schemes may be funded through either a FURBS (funded unapproved retirement benefits scheme) or an URBS (unfunded unapproved retirement benefits … Law dictionary
Pension Protection Fund Ombudsman — (PPFO) Created by the Pensions Act 2004, the Pension Protection Fund Ombudsman (PPFO) is empowered to: • Investigate complaints about maladministration by the Pension Protection Fund (PPF). • Consider applications fro … Law dictionary
pension — noun ADJECTIVE ▪ adequate, big, decent, generous, good (all esp. BrE) ▪ inadequate, meagre/meager, small (all esp. BrE) ▪ … Collocations dictionary
