A pension scheme in which the funds are managed by the insurance company is called –

A pension scheme in which the funds are managed by the insurance company is called – Correct Answer Insured Pension scheme

Pension insurance contract is an insurance contract that specifies pension plan contributions to an insurance undertaking in exchange for which the pension plan benefits will be paid when the members reach a specified retirement age or on earlier exit of members from the plan.

Related Questions

In a Personal pension scheme, who pays Pension to whom?
Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called.
Apart from the salary level, what another key feature of Alok’s job is likely to have a major impact on the level of his pension, life insurance, and health insurance needs?