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Author:Bernstein, G.
Title:Fund management Financial incentives pave the way ahead
Journal:Pensions
1987 : SEPT, VOL. 100:1129, p.92-93
Index terms:PENSION SCHEMES
PENSION FUNDS
ACTUARIAL SCIENCE
Language:eng
Abstract:Methods by which small companies can set up contracted-out pension schemes and the financial incentives and benefits. Five routes are reviewed. Contracted-out salary related schemes. Contracted-out money purchase schemes. Simplified money purchase schemes. Personal pension plans. Free-standing additional voluntary contribution schemes. Guidance is given on which route to choose, budget changes and audited accounts. In addition to a brief Table on costs of contracting out, a comparison of the different types of schemes is given.
SCIMA record nr: 68155
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