Our retirement income experts Joe Mclean Senior Product Manager, Product & Proposition, Retail Annuities Joe manages our three guaranteed income retirement pension products – our Fixed Term and Cash-Out Retirement Plans, and our Pension Annuity. He makes sure they offer everything our customers need...
Your pension provider will claim 20% tax relief and add this to your pension pot. You can then claim back any additional tax relief through your annual self-assessment tax return. You can choose when and how you pay into it, stopping and starting your payments as needed. And if you are ...
Third transaction and final buyout insures the final tranche of Plan members’ benefits. Legal & General agrees £900 million buy-in with the ICI Pension Fund Legal & General Assurance Society Limited (“Legal & General”) announces that it has completed a c.£900 million buy-in with th...
ANNUAL PENSION, Scotch law. Annual rent. A yearly profit due to a creditor by way of interest for a given sum of money. Right of annual rent, the original right of burdening land with payment yearly for the payment of money. A Law Dictionary, Adapted to the Constitution and Laws of the...
There can be many reasons to opt out of a pension. Whether the cost of living crisis is hitting you, or you just need a little extra cash to pay off a debt or cover a new expense, it may seem like a sensible choice. That’s particularly true if you’re younger and your reti...
Discusses some legal issues related to replacing a traditional pension with a cash balance plan and concludes that routine conversions to cash balance plans appear to be legal. Definition and complexities of the cash balance plan; Protection of accrued benefits; Rate of accrual issues; Conflict of ...
Non-Departmental Public Body (redirected fromquango) Also found in:Dictionary,Thesaurus,Medical,Financial,Acronyms,Encyclopedia,Wikipedia. Non-Departmental Public Body (NDPB) a body which has a role in the process of national government, but is not a government department or part of one, and which...
Many solicitations in everyday life appear to be legal. For example, a telemarketer who tries to sell a legitimate product by calling potential customers is making a solicitation. It may or may not be legal, however, depending on the laws of the states where the telemarketer and the call...
About Legal & General Investment Management Legal & General Investment Management is one of Europe’s largest asset managers and a major global investor, with total assets under management of £1.29 trillion2. We work with a wide range of global clients, including pe...
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