The two are very similar things. Money purchase scheme - your and your employer s contributions are put into one fund and are looked after by company s ownMessage 1 of 4 , Mar 29, 2006View SourceThe two are very similar things.
Money purchase scheme - your and your employer's contributions are
put into one fund and are looked after by company's own trustees who
decide where to invest money.
Stakeholder Scheme - the contributions are paid to insurance company
and this company will decide where to invest it.
The company with more then 5 employees which doesn't run the first one
must run the stakeholder scheme. If it runs both you can contribute to
--- In Czechlist@yahoogroups.com, "magda.ferstlova" <ferstl@...> wrote:
> Postupne se tim prokopavam, ted mi jde o rozdil mezi MONEY PURCHASE
> MONEY PURCHASE STAKEHOLDER PENSION SCHEME. Napada me, ze to prvni je
> pojistka, kterou sjednava zamestnanec sam, a to druhe je pojistka,
> sjednava zamestnavatel. Jde moje uvaha spravnym smerem?
> -----Original Message-----
> From: Czechlist@yahoogroups.com [mailto:Czechlist@yahoogroups.com]
> Of magda.ferstlova
> Sent: Wednesday, March 29, 2006 10:11 AM
> To: Czechlist@yahoogroups.com
> Subject: [Czechlist] TERM: vyplatni pasek GB
> Ahoj vsichni,
> mam pred sebou vyplatni pasek z GB a jedna kolonka je mi zcela cizi:
> Scheme Contracted-out Number (For Contracted-out Money Purchase
> Contracted-out Money Purchase Stakeholders Pension schemes only)
> Neporadite nekdo? :/
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