PENSION FINANCE AND FUNDMANAGEMENT-Pension administrator-Pension Managers-Pension CustodianProvident is the lampsum paymentespecially on retirement.Pension is paid monthly upontermination of services.PARTIES TO THE PENSION CONTRACT1. The employee2. The employerCLASSIFICATION1. GROUP e.g NSSF pension scheme2. INDIVIDUAL PS eg Central Bank PSQN:1. DISCUSS THE ROLES OFADMINISTRATION, MANAGEMENTAND CUSTODIAN IN PENSIONSCHEME.DENOI ON

The pension scheme administrator is appointed under the Finance act 2004. And appointed under the…

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PENSION FINANCE AND FUND MANAGEMENT -Pension administrator

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

ChapterST5: The Great Recession Of 2008-2009: Causes And Response

Section: Chapter Questions

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Question

PENSION FINANCE AND FUND
MANAGEMENT
-Pension administrator
-Pension Managers
-Pension Custodian
Provident is the lampsum payment
especially on retirement.
Pension is paid monthly upon
termination of services.
PARTIES TO THE PENSION CONTRACT
1. The employee
2. The employer
CLASSIFICATION
1. GROUP e.g NSSF pension scheme
2. INDIVIDUAL PS eg Central Bank PS
QN:
1. DISCUSS THE ROLES OF
ADMINISTRATION, MANAGEMENT
AND CUSTODIAN IN PENSION
SCHEME.
DENOI ON

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