Hybrid pension scheme and Irrevocable letter of credit: Difference between pages

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imported>Doug Williamson
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Either a pension scheme that offers both defined benefit and defined contribution elements, or a scheme that provides a benefit calculated as the better of two alternatives (for example on a defined benefit or defined contribution basis). 
Letter of credit than cannot be amended or cancelled without the agreement of all parties involved.
 
Schemes of this type were once common in Australia.
 


== See also ==
== See also ==
* [[Defined benefit pension scheme]]
* [[Letter of credit]]
* [[Defined contribution pension scheme]]
* [[Revocable letter of credit]]
* [[Hybrid]]


[[Category:Manage_risks]]
[[Category:Trade_Finance]]
[[Category:Credit_Risk]]
[[Category:Managing_Risk]]

Revision as of 20:21, 17 August 2014

Letter of credit than cannot be amended or cancelled without the agreement of all parties involved.

See also