Trusteeship/ communications and adminstration

16問 • 2年前

James Paterson

通報

問題一覧

Which of the following could become a trustee?

Scheme Beneficiary, An Employee

Who are the three parties involved in a trust?

Beneficiaries, Trustees, Settlor

What is the key advantage(s) of a trust?

Allows tax reliefs to be applied, Ensures third party beneficiaries' legal rights, Separates Pension Fund and employers assest

What type of Trustee is an individual or corporate body with no direct or indirect involvement with the pension scheme, employer or members? select as many as apply

Independent Trustee, Corporate Trustee

Which of the following would be covered by the Deed rather than by the rules?

Appointment of Trustees

Who can be a trustee?

The scheme administrator

Which of the following is not a discretionary benefit?

Tax free cash sum on retirement

Can you List the key principles of the GDPR Act?

Lawfulness, fairness and transparency, Purpose Limitation, Data Minimisation, Accuracy, Storage Limitation, Intergrity and confidentiality, Accountability

For members of DB occupational schemes, which two of the following must be disclosed automatically

Basic Scheme Information, Leavers Statement

Regulations set out timescales for disclosure of certain pension scheme information to interested parties, Who out of those people listed below are interested parties as defined by the regulations?

Beneficiaries, Members and prospective members, Recognised Trade Unions, Spouses of members and prospective members

Trustees are responsible for ensuring that there is a procedure in place to deal with disputes

True

In a dispute it is not necessary by law to advise pension scheme members of the existence of the Money and Pension Service

False

When were disclosure requirements first introduced?

November 1986

Which type of scheme must produce annual Statory Money Purchase Illustrations (SMPI) for it's Members?

Defined contribution schemes

Which of the following must be automatically disclosed to members of Defined Contribution arrangements?

Annual Benefit statment, Statutory Money Purchase Illustrations

Which of the following statement is true

All schemes must produce an annual report

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20問 • 1年前

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問題一覧

Which of the following could become a trustee?

Scheme Beneficiary, An Employee

Who are the three parties involved in a trust?

Beneficiaries, Trustees, Settlor

What is the key advantage(s) of a trust?

Allows tax reliefs to be applied, Ensures third party beneficiaries' legal rights, Separates Pension Fund and employers assest

What type of Trustee is an individual or corporate body with no direct or indirect involvement with the pension scheme, employer or members? select as many as apply

Independent Trustee, Corporate Trustee

Which of the following would be covered by the Deed rather than by the rules?

Appointment of Trustees

Who can be a trustee?

The scheme administrator

Which of the following is not a discretionary benefit?

Tax free cash sum on retirement

Can you List the key principles of the GDPR Act?

Lawfulness, fairness and transparency, Purpose Limitation, Data Minimisation, Accuracy, Storage Limitation, Intergrity and confidentiality, Accountability

For members of DB occupational schemes, which two of the following must be disclosed automatically

Basic Scheme Information, Leavers Statement

Regulations set out timescales for disclosure of certain pension scheme information to interested parties, Who out of those people listed below are interested parties as defined by the regulations?

Beneficiaries, Members and prospective members, Recognised Trade Unions, Spouses of members and prospective members

Trustees are responsible for ensuring that there is a procedure in place to deal with disputes

True

In a dispute it is not necessary by law to advise pension scheme members of the existence of the Money and Pension Service

False

When were disclosure requirements first introduced?

November 1986

Which type of scheme must produce annual Statory Money Purchase Illustrations (SMPI) for it's Members?

Defined contribution schemes

Which of the following must be automatically disclosed to members of Defined Contribution arrangements?

Annual Benefit statment, Statutory Money Purchase Illustrations

Which of the following statement is true

All schemes must produce an annual report