1. Choose a personal pension provider Different personal pension schemes might carry different fees and charges, all of which will affect the final size of your pension pot. Annual fees can be fixed or a percentage of your fund – fixed fees are usually preferable for large pots, and a per...
occupational pension schemescollective risk sharingWe analyze the newly introduced German occupational pension scheme called target pension ("Zielrente"), which links the beneficiaries' benefits during the retirement phase to the mortality experienced among the pension beneficiaries and the performance of ...
What are the differences in the preparation and presentation of the operating statements of non-governmental not-for-profit entities and governmental not-for-profit entities reporting as business-type entities? Which of the following applies...
What are the advantages and disadvantages of a public sector bank over a private sector bank? What are the main differences between microfinance and financial inclusion? What are the differences between micro-finance institutions and banks? How different is it to get into private equity...
Lump-sum payments in pension schemes often occur at the beginning of the withdrawal period. Different pension schemes have different rules which dictate what percentage of your pension you're able to take as a lump-sum, with many schemes capping at around 25%, but some going beyond this. It...
Pension providers Mortgage lenders Believing that Open Finance will open up a much wider range of financial products and services to consumers and businesses, the FCA sees an opportunity to “build on the conceptual framework of open banking and allow consumers and SMEs to access and share their ...
Funding: Both employers and employees can contribute to the plan. Risk: The investment risk is borne by the employee, as the retirement benefit depends on the investment returns. Pension schemes and funds Pension schemes are the specific plans set up by employers or governments to provide retireme...
We are delighted to announce the next in our series of quarterly webinars covering issues of current importance to trustees and employers of occupational pension schemes. The webinars are live and offer an opportunity for attendees to ask questions at the end. A re...
Superannuation schemes are more prevalent in certain countries and emphasize individual control and investment choice, while pension schemes can be found worldwide and often focus on providing a stable, predictable income in retirement. 7 Countries may have different regulations and tax treatments for ...
An outline or image universally applicable to a general conception, under which it is likely to be presented to the mind; as, five dots in a line are a schema of the number five; a preceding and succeeding event are a schema of cause and effect. Scheme A systematic plan of future actio...