Business / Finance / Contingent Pension Liability: An arrangement in which the money manager pursues an active bond portfolio strategy until an adverse investment experience drives the then-available potential return down to the safety net level. When that point is reached, the money manager is obligated to pursue an immunization strategy to lock in the safety-net level return.
Liability Noun Synonyms: answerability, responsibility, burden, onus, accountability
Liability Adjective Synonyms: disadvantage, drawback, hindrance, impediment, encumbrance, snag, hitch, barrier, obstacle, obstruction, burden, onus
Pension Noun Synonyms: benefit, allowance, annuity, subsistence, superannuation, allotment, old-age pension, social security, golden handshake
Business / Debt / Pension Mortgage: A personal mortgage is a type of personal pension plan which utilises the tax free lump sum entitlement from the pension fund at retirement age to repay a mortgage whilst the remainder is used to prov MORE
Business / Taxes / Pension Maximization: Pension maximization is a strategy that begins with selecting a single life annuity for income to be paid from your retirement plan, rather than a joint and survivor annuity. The next step involves us MORE