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 (Layout.) |
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1. ''Pensions accounting.'' | 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. | 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.'' | 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. | 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. | ||
More generally, the notional setting aside of a part of any fund of assets for a specific purpose. | |||
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[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 11:37, 11 May 2016
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.
More generally, the notional setting aside of a part of any fund of assets for a specific purpose.
