Search the Pensions Glossary by selecting the first letter of your topic:

Salary Sacrifice: Basics

Under a salary sacrifice arrangement the scheme becomes effectively “non contributory” with the...

Schedules of contributions: Basics

The trustees of an occupational DB pension scheme are required to prepare, and from time to time review...

Scheme funding essentials

The scheme funding provisions contained in the PA04 require trustees to prepare a statement of funding...

Section 67 essentials

Section 67 of the PA95 applies whenever a power to modify an occupational pension scheme is exercised...

Statement of Investment Principles

What is a Statement of Investment Principles? A SIP is a written statement governing decisions about...