Definition of "money purchase benefits": what trustees and advisers need to know | Practical Law

Definition of "money purchase benefits": what trustees and advisers need to know | Practical Law

This note considers the statutory definition of "money purchase benefits", focusing on the revised definition that was brought into force on 24 July 2014 with retrospective effect from 1 January 1997. The note explains the background to the legislative changes and looks in detail at the extensive transitional provisions.

Definition of "money purchase benefits": what trustees and advisers need to know

Practical Law UK Practice Note 6-578-1787 (Approx. 32 pages)

Definition of "money purchase benefits": what trustees and advisers need to know

by Practical Law Pensions
Maintained • England, Scotland, Wales
This note considers the statutory definition of "money purchase benefits", focusing on the revised definition that was brought into force on 24 July 2014 with retrospective effect from 1 January 1997. The note explains the background to the legislative changes and looks in detail at the extensive transitional provisions.