Pensions Compensation Board

 

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Pensions Compensation Board

An independent body set up on 6th April 1997 which pays compensation to individuals where money has been taken dishonestly from occupational pension scheme funds and the employer had become insolvent.



Similar Matches

Just Compensation

Just Compensation

In condemnation the amount paid to the property owner. The theory is that in order to be "just," the property owner should be no richer or poorer than before the taking.


Partial compensation

Partial compensation

Incomplete payment for the delivery of goods to one party by buying back a certain amount of product from the same party.


Fee based compensation

Fee based compensation

Payment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan. When the plan is implemented, the adviser may also receive commission on some or all of the investment products purchased, which would be fee-and-commission compensation.


Compensation

Compensation

Arrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods.


Fee and commission compensation

Fee and commission compensation

See: Fee-based compensation


Further Suggestions

Full compensation
Deferred compensation
Fee only compensation
Financial Services Compensation Scheme
Investors Compensation Scheme
Compensation


 
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