Pension buyout
id:
pension-buyout-287-5789263
title:
Pension buyout
text:
A pension buyout is a type of financial transfer whereby a pension fund sponsor pays a fixed amount in order to free itself of any liabilities relating to that fund. The other party, usually an insurer, receives the payment but takes on responsibility for meeting those liabilities. This type of buyout, known as a Section 32 Buyout, was introduced in the UK in the early 1980’s. Since the liabilities associated with a fund are not known precisely at the time of the buyout, the transaction is regar
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Pension_buyout
date created:
date modified:
2023-07-28T21:52:21Z
main entity:
{"identifier":"Q17118697","url":"https://www.wikidata.org/entity/Q17118697"}
image:
fields total:
13
integrity:
13