Earmarking: Difference between revisions
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imported>Doug Williamson m (Wiki/Gloss Law/Fin Reg check - added alternative name, attachment order, to pension section as per http://www.hmrc.gov.uk/manuals/eimanual/eim74010.htm) |
imported>Doug Williamson (Mend link.) |
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1. ''Pensions | 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. | 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. | ||
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2. ''Law.'' | 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 | 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. More generally, the notional setting aside of a part of any fund of assets for a specific purpose. | |||
3. ''Other assets.'' | |||
More generally, the notional setting aside of a part of any fund of assets for a specific purpose. | |||
== See also == | == See also == | ||
* [[Assets]] | |||
* [[Defined contribution pension scheme]] = money purchase arrangement | |||
* [[Fund]] | |||
* [[Member]] | |||
* [[Notional]] | |||
* [[Pension scheme]] | * [[Pension scheme]] | ||
* [[Ring fence]] | |||
* [[Trustee]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Latest revision as of 18:29, 1 July 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.
See also
- Assets
- Defined contribution pension scheme = money purchase arrangement
- Fund
- Member
- Notional
- Pension scheme
- Ring fence
- Trustee
