NIPS Code and Pay as you go: Difference between pages

Revision as of 12:53, 7 November 2018

(PAYG).

1.

Pensions.

A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.

2.

Australia.

The Australian equivalent to the UK PAYE system.

2.

Any other arrangement in which payments are made from time to time.

@@ Line 1: / Line 1: @@
-The Non-Investment Products Code covering standards, [[controls]] and dealing [[mandate]]s in the UK financial markets.
+(PAYG).
+.
-== See also==
+''Pensions.''
-* [[Code of practice]]
-* [[UK Securities Lending, Repo and Money Markets Code]]
-[[Category:Compliance_and_audit]]
+A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.
+.
+''Australia.''
+The Australian equivalent to the UK PAYE system.
+.
+Any other arrangement in which payments are made from time to time.
+== See also ==
+* [[Australia]]
+* [[Pay as you earn]]
+* [[Unfunded scheme]]