UK Pensions - Day 1

Which of the following is a type of State Pension?

• Basic State Pension

• 3rd Tier State Pension

• Personal State Pension

• Occupation State Pension

What is Occupational Pension Scheme?

• Pension Scheme provided by State

• Pension Scheme provided by Employer

• Pension Scheme provided by Employees

• None of the options

A Member's age is 27 years and Salary is £9,500 per annum which category will they fall under basis Auto-Enrollment rules?

• Non Eligible Job Holder

• Entitled Job Holder

• Entitled Worker

• Eligible Job Holder

Investment risk is borne by Employee in which of the following scheme?

• Defined Contribution Scheme

• Defined Benefit Scheme

• Direct Benefit Scheme

• Direct Contribution Scheme

Which of the following is an example of Final pensionable Salary?

• Average of best 3 salaries in last 10 years

• Complete years and complete months

• Average of days member worked in last 10 years

• None of the options