UK
Pensions & Life Central
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| Pensions
& Annuties UK |
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A
pension is a type of savings scheme that you and your
employer or just your employer contributes to during
your working life. When you retire you are entitled
to draw the money in the scheme either in a lump sum
or annually.
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| Stakeholder
Pensions UK |
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Stakeholder
pensions are a type of low-cost pension that are designed
to ensure that moderate earners have access to private
pension provision.
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| Life
Assurance UK |
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Life
Assurance if an insurance policy that pays a lump sum
to the beneficiaries when the insured person dies. (Assurance
means the same as Insurance where life insurance is
concerned).
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| Life
Insurance UK |
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Life
Insurance is protection against the death of the insured
in the form of a payment to a designated beneficiary,
typically a family member or business.
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| Traded
Endowments UK |
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Traded
Endowments are a type of funding to be kept permanently
and invested to give income for the continued support
of an institution or organisation.
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| Insurance
Bonds UK |
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A
bond is a certificate which shows a debt. The issuer
of the bond promises to pay the holder a specific amount
of interest for a specific length of time. The loan
is repaid on the maturity date.
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