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What does the word Trustee mean with regards to a pension fund?
Wiki User
∙ 9y ago
A company's pension fund for its current and former employees is often held by a securities firm or a bank. The fund is administrated by a trustee that was appointed usually by the company. The trustee is assigned the duties of making sure all the company's required duties are being met. The trustee is also responsible for insuring that the fund is handled in accordance with the regulations that were set up by the company. The trustee is also responsible for making sure the investments in the fund are sound ones and are diversified.
Wiki User
∙ 8y ago
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What does 'being invested in a pension' mean?
It means some of your money is being saved in a fund/account that is or will be used to pay you money (on a monthly basis) after you retire and stop working (at age 60 or 65).
What does lifetime pension mean?
pension is a thing you get from retierment for work,and more.You will be guarrteed to have pension when your 65 years old
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The official definition of the word pension is "a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life."
What does TTEE mean on a bank account?
Trustee
What does it mean to vote as a trustee?
Voting as a trustee means making decisions based on what is in the best interest of the people or organization you represent, rather than personal opinions or interests. Trustees are expected to act responsibly and with integrity when casting their vote on behalf of others.
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what does activity mean regards to medication
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Could be "as trustee for"
What does TTEE mean?
TTEE is an abbreviation for "trustee." The trustee on a trust or on a other deposit account controls the assets in the trust or the funds in the account.
What is substitution of trustee?
Substitution of trustee is a legal process where the current trustee of a trust is replaced with a new trustee. This can be done for various reasons, such as the original trustee resigning, becoming incapacitated, or being removed due to misconduct. The new trustee assumes all the duties and responsibilities of the former trustee.
What does it mean when she replied your regards with rebound?
It means she sends her regards to you too.
Can warmest regards mean that he is very fond of her?
No. It means that the man is giving her regards.
What does best regards mean?
Best regards is a closing term used in a letter or speech. It mean that you wish the party well.
