Article Abstract:
Actuarial valuations are the analyses of the projected cash flows into and out of pension plans. The analysis considers parameters such as the amount and timing of the cash flows, and uses assumptions about the future. Funding valuation aims to determine the level of contributions needed to ensure that promised benefits will be paid, and if there are enough funds to pay the promised benefits if future payments were to be stopped. Accounting valuation aims to determine the true and fair cost of providing pension benefits according to the accepted accounting standard.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The EC single market and the expected influx of foreign investment will increase the number of British employees in foreign companies and multinationals. However, companies which try to adopt general policies and strategies for pensions discover that international regulations hinder such efforts. Maintaining employee's pension expectations when they are assigned to other countries can be expensive.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Issues concerning the stakeholder pensions in the United Kingdom are discussed. Stakeholder pensions are compared with other types of pensions, technical details of stakeholder pensions are discussed and the market reaction to the introduction of stakeholder pensions is assessed.
User Contributions:
Comment about this article or add new information about this topic: