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Scheme switch |
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Scheme switchThe 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 MatchesBusiness Expansion SchemeBusiness Expansion SchemeA tax-efficient investment vehicle, designed to provide venture capital funds for small businesses. Replaced by the Enterprise Investment Scheme in 1994. Company pension schemeCompany pension schemeSee 'occupational pension scheme'. Building Societies Investor Protection SchemeBuilding Societies Investor Protection SchemeA 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 RegistryPension Schemes RegistryThe 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 schemeUnfunded unapproved retirement benefits schemeAn unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office. Further Suggestionseurocheque schemeState 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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