Earmarking: Difference between revisions
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imported>Doug Williamson (Updates headings.) |
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* [[Notional]] | * [[Notional]] | ||
* [[Pension scheme]] | * [[Pension scheme]] | ||
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* [[Trustee]] | * [[Trustee]] | ||
Revision as of 10:17, 14 April 2022
1. Pensions.
The setting aside, at least notionally, of part of a pension fund for the benefit of a particular member, such as might be the case in a money purchase arrangement.
2. Law.
A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements.
Also referred to as an attachment order.
3. Other assets.
More generally, the notional setting aside of a part of any fund of assets for a specific purpose.
