Defined contribution pension scheme and Legislation: Difference between pages

Revision as of 18:40, 26 March 2021

1.

Written law created by a central law-making body (rather than by the courts).

2. Tax.

Taxation law derived from a Finance Act in the UK.

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-(DC).
+.
-A pension scheme where benefits are based on how much money has been paid into the scheme and the investment returns earned, a significant part of the sum achieved often being invested in an annuity at market rates at - or soon after - retirement.
+Written law created by a central law-making body (rather than by the courts).
-Such schemes are by definition funded.
-Also known as ''money purchase'' schemes.
+. ''Tax''.
+Taxation law derived from a Finance Act in the UK.
 == See also ==
-* [[401(k) plan]]
+* [[Finance Act]]
-* [[Annual allowance]]
+* [[Primary legislation]]
-* [[Annuity]]
+* [[Parliament]]
-* [[Defined benefit pension scheme]]
+* [[Regulation]]
-* [[Funded scheme]]
+* [[Secondary legislation]]
-* [[Occupational pension scheme]]
+* [[Statutory instrument]]
-* [[Stakeholder pension scheme]]
-* [[Unfunded scheme]]
-[[Category:Manage_risks]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:Compliance_and_audit]]