Crystallised funds definition

Crystallised funds means a member’s Scheme funds that have been designated to provide retirement or death benefits.
Crystallised funds means a member’s Plan funds that have been designated to provide retirement or death benefits.
Crystallised funds means a Member's Scheme funds that have been designated to provide retirement or death benefits.

Examples of Crystallised funds in a sentence

  • Crystallised funds are those which have been designated to provide pension benefits for a member of a pension scheme even if no pension income is actually being paid, for example, where nil income is selected from drawdown pension.Uncrystallised funds are those which have not yet been used to provide pension benefits for a member of a pension scheme.

  • Crystallised funds are those which have been designated to provide pension benefits for a member of a pension scheme even if no pension income is actually being paid, for example, where nil income is selected from your drawdown fund.Uncrystallised funds are those which have not yet been used to provide pension benefits for a member of a pension scheme.

  • When employees feel they are not enabled by the leader, they may not be able to achieve the set goals.

  • Crystallised funds cannot now be held in your Portfolio, so you will need to transfer to a product that can be converted to crystallised funds if you wish to take drawdown or purchase a lifetime annuity.

  • Crystallised funds are those funds from which you have already taken benefits.Partial transfers of crystallised funds are generally not permitted.Please confirm how much you wish to transfer by ticking the relevant boxes and specifying any amounts.

  • Crystallised funds cannot be held in your Policy, so you will need to transfer to a product that can be converted to crystallised funds if you wish to take drawdown, phased drawdown or purchase a lifetime annuity.


More Definitions of Crystallised funds

Crystallised funds means the funds in your FIA from which you’ve already received your PCLS.

Related to Crystallised funds

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

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