unfunded unapproved retirement benefit schemes — (UURBS) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were caught by the pensions cap. No new UURBS can be set … Law dictionary
unfunded unapproved retirement benefit scheme — unfunded unapproved retirement benefit schemes (UURBS) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were… … Law dictionary
employer-financed retirement benefit scheme — (EFRBS) Introduced by the Finance Act 2004, the new term for a funded unapproved retirement benefit scheme (FURBS)or an unfunded unapproved retirement benefit schemes (UURBS) since 6 April 2006. An EFRBS does not count as a … Law dictionary
EFRBS — (employer financed retirement benefit scheme) Introduced by the Finance Act 2004, the new term for a funded unapproved retirement benefit scheme (FURBS)or an unfunded unapproved retirement benefit schemes (UURBS) since 6 April … Law dictionary
Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… … Wikipedia
occupational pension scheme — Under the Pension Schemes Act 1993, an employer can contract out of the SERPs element of the state pension scheme (hence qualifying for contracted out rebate on National Insurance Contributions) by means of an occupational pension scheme. There… … Law dictionary
pensions cap — See earnings cap. Related links unfunded unapproved retirement benefit schemes (UURBS) Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 20 … Law dictionary
Pensions in the United Kingdom — fall into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal accounts, automatic enrollment and the minimum… … Wikipedia
