In the second of two specially recorded bite-sized Assemblies, Barnett Waddingham’s James Jones-Tinsley returns to tackle six items of new pension terminology including:
- CDC (collective defined contribution schemes)
- PAA (pensions advice allowance)
- OTA (overseas transfer allowance)
- Crystallised and uncrystyallised pensions funds
- FP2016 or FP16 (fixed protection 2016)
- IP2016 or IP16 (individual protection 2016)
For each item, expect an easy-to-understand definition that also offers a bit of background per term.
In a world that’s awash with word soups and acronyms, James’s jargon buster offers a welcome source of straightforward explanations of often quite complex ideas.
You can also watch the video of this episode on Vimeo or the event page at our website.
Can’t get enough pensions jargon?
Then look out for part one, where James tackles even more new pension terms.
In the meantime, why not tune into James’s trio of old pensions jargon guides? Scroll down and follow the links to watch the videos and podcasts (and visit the event pages for each episode.)