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Personal pension scheme |
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Personal pension schemeSee: 'personal pension plan'.Similar MatchesPersonal allowancePersonal allowanceTax allowances are concessions by the Inland Revenue which can be used to reduce a person's Taxable Income. The main allowance for UK taxpayers is the 'personal allowance'; which is an amount of income that is tax free. In the tax year 2003-2004 the personal allowances are:Under 65: £4,61565-74: £6,61075+: £6,720The personal allowances for elderly people are reduced if their total income exceeds £18,300, and the amount of the reduction if £1 for every £2 of the excess. So someone aged 68 with Total Income of £18,700 would get a personal allowance of £6,610 less £200 = £6,410.Other allowances are:Married Couple's Allowance: only available to couples where one person is 65 or overBlind Person's Allowance: £1,510 Umbrella personal liability policyUmbrella personal liability policyA liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Personal possessionsPersonal possessionsThe personal possessions of a deceased person which pass to the beneficiary or beneficiaries of the residue of estate unless otherwise stated in the will. Umbrella personal liability insuranceUmbrella personal liability insuranceIn the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted. Personal Investment AuthorityPersonal Investment AuthorityA Self Regulating Organisation (SRO) authorised by the Financial Services Authority (FSA) which regulates the majority of companies conducting investment business with private investors in the financial services market.The PIA replaced FIMBRA and LAUTRO and some activities of IMRO and the SFA in 1994.All regulatory functions of the PIA were taken over by the Financial Services Authority (FSA) in December 2001. Further SuggestionsPersonalizationPersonal Property Loan personal accident and sickness insurance group personal pension Personal article floater Personal property Personal exemption personal identification number Personal inflation rate Personal trust personal accident insurance personal loan appropriate personal pension plan personal ledger personal pension plan Personal search personal exemption Personal tax view (of capital structure) general personal equity plan Personal pension personal equity plan additional personal allowance personal accounts personal income Personal income |
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