Dessa är ordets examples relaterade till money-purchase. Klicka på valfritt ord för att gå till dess ords detaljsida. Eller, gå till definitionen av money-purchase.
It will be a money-purchase scheme, so it will be linked to the equity market which could and should in time give a good return.
I have struggled to put £50,000 in my money-purchase pension scheme.
A rising tide of maturing money-purchase pensions will come to the market over the next few years as post-war baby boomers of my generation retire.
Anyone who knows money-purchase schemes knows that there are different impacts at different ages.
I shall deal first with the second point—payments into money-purchase schemes.
There are hundreds of thousands of people with small money-purchase pension accumulations of £40,000 or £50,000.
By what means is it possible to give a guarantee to inflation proof a money-purchase scheme, which is what the reserve pension scheme was?
Above all, the motion asks us to amend a money-purchase scheme, which by its nature is substantially unamendable.
That is what is basically wrong with the structure of a money-purchase scheme.
We should end the state earnings-related pension scheme and ensure that everyone has a money-purchase scheme instead, building up during their lifetimes.
Essentially, we must make it cheaper for firms to keep final salary schemes going while making it more expensive to switch to money-purchase schemes.
We have accepted this by agreeing that the compensation arrangements should cover money-purchase schemes where there has been dishonest removal of assets.
It would be a reasonable reform, and it would serve the good purpose of encouraging trustees to adopt conventional money-purchase principles.
If money-purchase schemes are unable to contract out, those people will be seriously affected.
If one goes about reform hamfistedly, an increasing number of employers will wind them up and go into money-purchase schemes.
