Pension schemes Samenvattingen, Aantekeningen en Examens

Wills and Administration of Estates ⟶ When a person dies, they usually have a will to dispose of their property e.g. “all of my estate to my son, John”. If an individual dies without a will, their property will pass under intestacy rules – they have died “intestate” Property which does NOT pass by will or intestacy ⟶ Some important types of property pass on death independently from the terms of will & intestacy rules. ⟶ When trying to decide who is entitled to take assets fo...

AG912 Exam Revision | 130 Questions with 100% Correct Answers | Updated & Verified Which one of the following is not part of a bond covenant? A. Dividend restrictions B. Collateral C. Subordination clause D. Sinking Fund E. Closed-end Fund - E. Closed-end fund Which three of the following are not open to the general public in the UK? I. Hedge Funds II. Mutual Funds III. Pension Funds IV. Sovereign Wealth Funds V. unregulated collective investment schemes (UCIS) A. II, III and V B....

· Distinguish between employment and self-employment. · Apply the basis of assessment for an employee. · Advise on the treatment of termination payments. · Compute National Insurance liabilities for employees and employers. · Explain how PAYE works. · Explain the treatment of benefits in kind. · Compute the taxable values of the major benefits in kind. · Describe the main types of share incentive schemes. · Apply the rules for obtaining relief for employment expe...

BTEC Business Level 3 Unit 3 Finance Exam 107 Questions with Answers what are the 6 types of personal borrowing? - CORRECT ANSWER mortgages, hire purchase, payday loans, overdraft, personal loans, credit cards personal loan - CORRECT ANSWER gives you the ability to borrow a set amount of money, normally for a specific purpose, to be repaid in regular instalments. payday loan - CORRECT ANSWER short term source of finance used to bridge the gaps between now and next receiving a wage ...

Essentials of Investments Ch 17 Concept Checks, Essentials of investment Chapter 6, Essentials of Investments:Chapter 1 Key terms Q&A 2024 Describe several distinguishing characteristics of endowment funds that differentiate them from pension funds. A convenient and effective way to organize the answer to this question is to cast it in the context of the investment policy state framework. Think about the financial circumstances of you closest relative in your parents' generation (for e...

Absolute return products are investment products viewed as having little or no return correlation with traditional assets, and have investment performance that is often analyzed on an absolute basis rather than relative to the performance of traditional investments. - ANSWER-absolute return products An absolute return standard means that returns are to be evaluated relative to zero, a fixed rate, or relative to the riskless rate, and therefore independently of performance in equity markets, ...

LIBF Unit 3 topics 1, 2, 3, 4, 5, 6, & 7. Exam Resource. 100% Approved. Rated A+ Assets - -Things that a person or a business owns. For a person their assets might include property, jewellery or financial products such as company shares. Bank rate - -The interest rate that the Bank of England uses when it lends money to other banks. Financial services providers take account of the Bank rate when they decide how to set interest rates on their own products. Bankruptcy - -A situation in ...

WCC Final Questions and Answers 2023 Emails sent by David Duncan, an Enron executive To the importance of destroying audit-able documents. Two Major laws were passed which opened the door to impending financial disaster. 1. In 1980, the Depository Institutions Deregulation and Monetary Control Act was signed into law. 2. 1982 by the Garn-St. Germain Act. These laws provided for a loosening of government control over the industry "INSIDER" THRIFT FRAUDS researchers have class...

How should alignment between asset manager and client be achieved within ESG investment mandates? - Answer Alignment should be designed so that the time frames and structures of portfolio manager remuneration closely reflect the performance experienced by the clients. What did the founder of Vanguard mean when he said that asset management faces the 'double agency' challenge? How is this addressed? - Answer Corporations are duty-bound to represent their shareholders, while money managers ar...

Business BTEC Unit 3 - Aim B questions and answers graded A+ What is the Bank of England? It's the UK's central bank. Advantages of the Bank of England - responsible for UK's financial stability - interest rate designed to achieve stable economy Disadvantages of the Bank of England - increase in interest leads to expensive borrowing - members of public cannot access it What is a bank? It is a financial institution licensed to receive deposits and make loans (owned ...