Scheme switch


 

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Scheme switch

The transfer of your debt from one mortgage product to another one offered by the same provider. A fee is usually charged by your original lender for this.



Scheme switch

Similar Matches

Business Expansion Scheme

Business Expansion Scheme

A tax-efficient investment vehicle, designed to provide venture capital funds for small businesses. Replaced by the Enterprise Investment Scheme in 1994.


Company pension scheme

Company pension scheme

See 'occupational pension scheme'.


Building Societies Investor Protection Scheme

Building Societies Investor Protection Scheme

A scheme set up to give limited protection to people with share and/or deposit accounts in authorised building societies which fail. Building societies are regulated and supervised by the Financial Services Authority and this scheme was replaced by the Financial Services Compensation Scheme (FSCS) in December 2001. In the case of an authorised building society being wound up there is a provision to pay compensation of 90% of a person's shares and/or deposits up to a set maximum.


Pension Schemes Registry

Pension Schemes Registry

The Register of all occupational and personal pension schemes. The main objectives are to obtain and record details of all occupational and personal pension schemes and their predecessors, maintain the Register and keep it up to date and to use it to carry out searches on request by members of the public.


Unfunded unapproved retirement benefits scheme

Unfunded unapproved retirement benefits scheme

An unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office.


Further Suggestions

eurocheque scheme
State Earnings Related Pension Scheme
Annualised payment scheme
pyramid scheme
Enterprise Investment Scheme
equity release scheme
Contracted out money purchase scheme
Linking scheme
Pyramid scheme
Mortgage code arbitration scheme
simplified defined contribution scheme
personal pension scheme
profit sharing scheme
Deposit Protection Scheme
Investors Compensation Scheme
Financial Services Compensation Scheme
occupational pension scheme
Investor Protection Scheme
money purchase scheme (defined contributions scheme)
final salary scheme (defined benefit scheme)
Inland Revenue Pension Schemes Office


 
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