V
A | B | C | D | E | F | G | H | I| J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Valid Request
Valuation Basis
Venture Capital
Vested Rights
Volatility
The trigger which starts the process of selecting member trustees under the Pensions Act Regulations.
A term commonly used by actuaries to mean the method used by them to value the assets and liabilities of the scheme and the actuarial assumptions which they use in this valuation.
Funds put up by investors to finance new or growing businesses.
This has different meanings for different people: For active members, benefits to which they would unconditionally be entitled on leaving service, which may or may not include statutory rights to preserved benefits; For deferred pensioners who have already left the employment, their deferred / preserved benefits; For pensioners, the pension which they are receiving; including, where appropriate, the related benefits for spouses and other beneficiaries.
The frequency and magnitude of price changes of assets.