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Pensions Compensation Board |
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Pensions Compensation BoardAn 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 MatchesJust CompensationJust CompensationIn 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 compensationPartial compensationIncomplete payment for the delivery of goods to one party by buying back a certain amount of product from the same party. Fee based compensationFee based compensationPayment 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. CompensationCompensationArrangement 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 compensationFee and commission compensationSee: Fee-based compensation Further SuggestionsFull compensationDeferred compensation Fee only compensation Financial Services Compensation Scheme Investors Compensation Scheme Compensation |
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