Lifetime allowance and Report card: Difference between pages

Revision as of 09:46, 9 October 2013

A quantitative ranking of a financial institution’s level of service and customer responsiveness.

The use of report cards is widely applied to measure financial institutions’ service levels.

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-''UK Pensions.''
+A quantitative ranking of a financial institution’s level of service and customer responsiveness.
-The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.
-There is no limit on the amount of benefits that the pension scheme can pay out. However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance. This tax charge is called the lifetime allowance charge.
+The use of report cards is widely applied to measure financial institutions’ service levels.
 == See also ==
-* [[Annual allowance]]
+* [[Key performance indicator ]]
-* [[Defined benefit pension scheme]]
+* [[Service level agreement]]
-* [[Earnings cap]]
+[[Category:Compliance_and_audit]]