Reference rate and Scheme rules: Difference between pages

Latest revision as of 09:03, 2 July 2022

Pensions.

Traditionally, that part of a pension trust deed dealing with the detailed provisions concerning eligibility, benefits, transfers and similar issues.

The main part of the trust deed generally defines the power and duties of the trustees and the sponsoring company.

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-A reference rate is a widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or LIBOR - by reference to which a rate of interest is calculated.
+''Pensions''.
-For example, in the rate ‘LIBOR plus 50 basis points’, LIBOR is the reference rate.
+Traditionally, that part of a pension trust deed dealing with the detailed provisions concerning eligibility, benefits, transfers and similar issues.
-==See also==
+The main part of the trust deed generally defines the power and duties of the trustees and the sponsoring company.
-*[[Adjustable-rate mortgage]]
-*[[ARRC]]
-*[[Base rate]]
+== See also ==
-*[[Fallback]]
+* [[Trust deed]]
-*[[LIBOR]]
-*[[Loan agreement]]
+[[Category:Accounting,_tax_and_regulation]]
-*[[OBFR]]
+[[Category:The_business_context]]
-*[[Official Bank Rate]]
-*[[Zero rate provision]]