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stakeholder pension

   Also found in: Acronyms, Wikipedia 0.03 sec.
stakeholder pension
n
(Business / Insurance) (in Britain) a flexible pension scheme with low chargees, in which contributors can stop and restart payments and switch funds to another scheme without paying a penalty


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Your employers are not obliged to put you in the same pension scheme as previous employees, and as they are making your offer of employment on the basis of admission to a stakeholder pension scheme only, you cannot do anything to make them put you in the final salary scheme.
Flexible and easy to understand, stakeholder pension schemes accept low value and irregular payments without penalising the employee.
Flexible and easy to understand, stakeholder pension schemes accept low value and irregular payments without penalising the employee.
 
 
 
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