A pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits
(1) The assets used to pay the pensions of retirees (2) An investment institution established to manage the assets used to pay the pensions of retirees
This usually refers to Unit Linked Pension Funds These are funds run by Life Assurance and Pension Companies Such funds are used for individuals contributing toward Pension Plans to invest in The assets held within the fund are divided into a number of units
a financial institution that collects regular contributions from employers to provide retirement income for employees a fund reserved to pay workers' pensions when they retire from service
A fund set up by a corporation, labor union, government entity, or other organization to pay the pension benefits of retired workers These funds invest billions of dollars annually in stocks and bonds and are a major force regulating the supply and demand of the markets
A fund set up and invested by an employer or a labor union to provide retirement income for workers The funds accumulate income and capital gains tax-free which are used to pay benefits
A fund consisting of money contributed by the employer and/or the employees, plus earnings to provide pension benefits to retired employees of a corporation, government entity, or to other organizations Topic areas: Fundraising and Financial Sustainability
Like a mutual fund, except that the investors are long-term and bound by some common workplace affiliation (such as a union) In many countries, pension funds represent the largest single institutional investors
A fund that is set up to pay pension benefits to retired employees of a corporation, government entity, or to other organizations The fund's earnings are tax deferred until withdrawn by the retiree, who is then responsible for paying taxes on the amount withdrawn
An investment fund within a Pension Scheme which is intended to accumulate during an individual's working life from contributions and investment income, with the intention of providing an income in retirement from the purchase of an Annuity, with the possible option of an additional tax free cash lump sum being paid to the individual