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Statements

Subject Item
dbr:Pension_term_assurance
rdf:type
yago:RegularPayment113281275 yago:Relation100031921 yago:Abstraction100002137 yago:Possession100032613 yago:WikicatPensionsInTheUnitedKingdom yago:Payment113278375 yago:Cost113275847 yago:TransferredProperty113252973 yago:Pension113384164 yago:Outgo113275288
rdfs:label
Pension term assurance
rdfs:comment
Pension Term Assurance (PTA) was a form of life insurance available within the United Kingdom. Although PTA had been available for several years, it only became mainstream when changes were made to pension legislation on "A Day", 6 April 2006.Following these changes, PTA became a popular way of buying life insurance, as the premiums received tax relief, effectively making life insurance cheaper for the consumer. Despite what the name might suggest, Pension Term Assurance did not have to form part of a pension - it merely needed to be taken out at the same time as a new pension was set up.
dcterms:subject
dbc:Pensions_in_the_United_Kingdom dbc:Types_of_insurance
dbo:wikiPageID
7589172
dbo:wikiPageRevisionID
1024310516
dbo:wikiPageWikiLink
dbc:Pensions_in_the_United_Kingdom dbc:Types_of_insurance dbr:United_Kingdom
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dbt:Dead_link dbt:Short_description dbt:Econ-policy-stub
dbp:bot
InternetArchiveBot
dbp:date
March 2018
dbp:fixAttempted
yes
dbo:abstract
Pension Term Assurance (PTA) was a form of life insurance available within the United Kingdom. Although PTA had been available for several years, it only became mainstream when changes were made to pension legislation on "A Day", 6 April 2006.Following these changes, PTA became a popular way of buying life insurance, as the premiums received tax relief, effectively making life insurance cheaper for the consumer. However, on 6 December 2006 the UK Government announced an important review of Pension Term Assurance (PTA). The Treasury indicated it was not happy with the PTA products on offer, and effectively stopped any more new PTA business being written. Those with existing policies were allowed to keep them running. Despite what the name might suggest, Pension Term Assurance did not have to form part of a pension - it merely needed to be taken out at the same time as a new pension was set up.
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wikipedia-en:Pension_term_assurance?oldid=1024310516&ns=0
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1630
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wikipedia-en:Pension_term_assurance