Sentences with phrase «pensions under the new scheme»

Not exact matches

The goal was to educate and build the skills of fund managers and pension fund trustees on the two new sub-asset classes which had been created under the pension scheme to be invested in private equities.

Pensioners in final salary pension schemes could find their benefits cut under new plans put forward by the government on Monday.

Under such a scheme all new postgraduates would get to meet representatives of the university and student union leadership, and would be given full information on their terms of employment, pension agreements, illness allowance, insurance, and so forth.

The reforms therefore do not affect the pension built up in the TPS, however, any other pension savings they have that are not in public sector pension schemes may be eligible to be used under the new pension freedoms.

In 2011 a new section of the IHTA 1986 was introduced to expressly exclude rights under a registered pension scheme from falling into the definition of «transfer of value».

The practical effect of these changes is that employees who are members of a qualifying pension scheme for auto - enrolment purposes are not placed in a more favourable position if they are subsequently transferred to a new employer under TUPE.

Tax exemption under this section is for contribution by the assessee and the employer to the new pension scheme.

Products available under Section 80C include Life Insurance, Public Provident Fund (PPF), Equity Linked Savings Schemes (ELSS), Senior Citizens» Saving Scheme (SCSS), New Pension Scheme (NPS), Bank Fixed Deposits and Traditional Pension Plans.

Investors can choose the investment option that suits them best under the new pension scheme.

Pension and Group segment reported growth rate of 50 % in new business premium, 20 % of that in number of lives and 39 million people were covered under several schemes.