Snakes are one of the most dangerous species in wild life. They are a lot of different snake families.They all have one common feature. All âNatural Born Killersâ. Check out 10 of the most venomous snakes in world.
Trust-based schemes. Some defined contribution schemes are run by a trust appointed by the employer. These are called âtrust-based schemesâ. Youâll still get your pension if your employer goes out of business.
The basis of trust law is that one group of people (the trustees) hold assets for the benefit of another group of people (the beneficiaries). When applied to a pension scheme, trust law provides the foundation for how trustees must act in relation to the scheme. These are a trustee's 'fiduciary' duties.