Fundamentals of pensions


Question 1: Describe the general duties of a pension’s trustee.

Question 2: Differentiate between money purchase and final salary pension schemes.

Question 3: What are the methods of funding public sector pension schemes?

Question 4: Describe the problems which can arise with regard to pension schemes following the takeover of a company.

Question 5: Outline the matters usually covered by a pension scheme’s rules.

Question 6: Describe how the trustee of a pension scheme may vacate their office.

Question 7: Describe five typical actuarial assumptions.

Question 8: Describe the types of investment usually made by trustees of a pension scheme.

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Finance Basics: Fundamentals of pensions
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