personal pension plan
1personal pension plan — ( PPP) Private pension scheme run by insurance companies, unit trusts, building societies and banks. It aims to provide you with a pension at retirement plus other benefits. Unlike an occupational pension scheme, a personal pension plan need not… …
2personal pension plan — /ˌpɜ:s(ə)n(ə)l penʃən plæn/ noun a pension plan which applies to one employee only, usually a self employed person, not to a group. Abbreviation PPP …
3group personal pension plan — group personal pension plan/group personal pension scheme (GPPP) An arrangement for the employees of a specific employer to participate in a personal pension scheme on a group basis. A GPPP is effectively a series of individual personal pensions… …
4personal pension scheme — A scheme to which the employee contributes to provide retirement and/or death benefits. Employers can contribute to personal pension schemes also but are not obliged to do so. A personal pension scheme operates as a money purchase scheme. See… …
5personal pension — noun count a type of pension that you arrange for yourself instead of through an employer: a personal pension plan …
6Personal pension scheme — A Personal Pension Scheme (PPS), sometimes called a Personal Pension Plan (PPP), is a UK tax privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it may also be used …
7Pension plan — A fund that is established for the payment of retirement benefits. The New York Times Financial Glossary * * * pension plan ˈpension ˌplan also reˈtirement ˌplan noun [countable] FINANCE HUMAN RESOURCES …
8pension plan — A fund that is established for the payment of retirement benefits. Bloomberg Financial Dictionary * * * pension plan ˈpension ˌplan also reˈtirement ˌplan noun [countable] FINANCE HUMAN RESOURCES …
9Self-invested personal pension — A Self Invested Personal Pension (SIPP) is the name given the type of UK government approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of HM Revenue Customs (HMRC) approved… …
10group personal pension scheme — group personal pension plan/group personal pension scheme (GPPP) An arrangement for the employees of a specific employer to participate in a personal pension scheme on a group basis. A GPPP is effectively a series of individual personal pensions… …
