Earmarking: Difference between revisions
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1. | 1. ''Pensions accounting.'' | ||
''Pensions accounting.'' | |||
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. | ||
2. | 2. ''Law.'' | ||
''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. | 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. | 3. ''Wider context.'' | ||
More generally, the notional setting aside of a part of any fund of assets for a specific purpose. | More generally, the notional setting aside of a part of any fund of assets for a specific purpose. | ||
Revision as of 16:24, 25 March 2021
1. Pensions accounting.
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. Wider context.
More generally, the notional setting aside of a part of any fund of assets for a specific purpose.
