Insurance and Pension: Difference between pages

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1.  ''Risk management - transferring & pooling risk - commercial.''
A pension is a periodic payment made to a Pensioner under a pension scheme.   


A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.
In some countries, such as Australia, the term can alternatively be applied to a lump sum payment on retirement.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
 
 
2.  ''Risk management - transferring & pooling risk - commercial.''
 
The act or structure of providing insurance on a commercial basis, or of buying it.
 
 
3.  ''Risk management - market stability - regulation.''
 
The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms.
 
For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants.
 
Retail deposit insurance is another example.




== See also ==
== See also ==
* [[Assurance]]
* [[Annuity]]
* [[Captive insurance company]]
* [[Asset risk]]
* [[Chartered Insurance Institute]]
* [[Dependant]]
* [[Deposit insurance]]
* [[Employee Retirement Income Security Act]]
* [[Excess]]
* [[Means testing]]
* [[Financial Conduct Authority]]
* [[Morris Review]]
* [[Fixing instrument]]
* [[Pensions Act]]
* [[Force majeure]]
* [[Pension cost]]
* [[GI]]
* [[Pension liabilities]]
* [[Hedging]]
* [[Pension scheme]]
* [[HMO]]
* [[Pensions risk]]
* [[IAIS]]
* [[Replacement ratio]]
* [[ILS]]
* [[Trust]]
* [[Insurable]]
* [[Trust deed]]
* [[Insurance risk]]
* [[Insure]]
* [[Lender of last resort]]
* [[Liquidity insurance]]
* [[National Insurance]]
* [[Option]]
* [[Premium]]
* [[Price walking]]
* [[Regulation]]
* [[Reinsurance]]
* [[Risk]]
* [[Risk management]]
* [[Risk response]]
* [[Supervision]]
* [[Trade credit insurance]]
* [[Transfer]]
* [[Underwriting]]


[[Category:Financial_risk_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 21:27, 3 March 2021

A pension is a periodic payment made to a Pensioner under a pension scheme.

In some countries, such as Australia, the term can alternatively be applied to a lump sum payment on retirement.


See also

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