UK DB Schemes definition

UK DB Schemes has the meaning given to such term in Clause 24.10(b) (Pension Plans).
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UK DB Schemes means the defined benefit pension schemes known as the Field Group Pension Plan, the Boxmore Group Pension Plan and the GCM Retirement Benefits Scheme.
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UK DB Schemes means the Diversey J UK Pension Scheme and the JohnsonDiversey UK Pension Scheme.
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Examples of UK DB Schemes in a sentence

  • We would welcome such consolidation as likely to result in greater allocation of assets held in UK DB Schemes to private equity and venture capital and more efficiency in the provision of benefits.

  • This could harm the attractiveness of the UK market and of sponsors of UK DB Schemes in particular.

  • No debt has become due or has been treated as becoming due under Section 75 or Section 75A of the UK Pensions Act 1995 from any Transferred Diversey Company in relation to the UK DB Schemes save where the debt has been paid in full or otherwise discharged, and the relevant company has received effective discharge from the trustees of that scheme.

  • There are a variety of factors that limit investment by UK DB Schemes in private equity and venture capital.

  • Barriers that make any of these stages more difficult or costly therefore impede the ability of British Private Equity & Venture Capital Association 5th Floor, Chancery House, 53-64 Chancery Lane, London, Wc2A 1QS T +44 (0)20 7492 0400 F +44 (0)20 7492 0401 bvca@bvca.co.uk www.bvca.co.uk our members to invest in UK companies and provide returns to their investors, including UK DB Schemes, in an efficient manner.

  • Given the increasing burden and complexity of running UK DB Schemes, there is an increasing trend towards pension schemes including at least one professional trustee (an expert who will act as a trustee, frequently on multiple schemes) on their trustee board.

  • The principal businesses of the Group are: Xafinity Pensions Advisory and Administration Business Defined Contribution Platform, ‘‘National Pension Trust’’ Xafinity Pensions Advisory and Administration Business provides advisory services to the trustees or sponsoring employers of approximately 450 UK DB Schemes, covering actuarial, investment and wider pensions advice, including in respect of UK DC Schemes.

  • Clearance that the matters contemplated in this Agreement and the Memoranda of Understanding and with respect to the U.K. DB Schemes will not lead to the Pensions Regulator exercising his powers under sections 38 to 51 of the UK Pensions Act shall have been granted by the Pensions Regulator in a form acceptable to the Purchasers and such clearance shall remain in force.

  • COMPETITIVE ENVIRONMENTXafinity operates in a competitive environment, and competes with other providers of advisory and administrative services, which can be categorised as follows: UK Defined Benefit Pension SchemesThe overall market for trustee and administrative services to UK DB Schemes can be segmented broadly into the following three categories:* the ‘‘big three’’, namely Willis Towers Watson, Mercer and Aon Hewitt (the ‘‘Global Consultancies’’).

  • HR Trustees BusinessThe HR Trustees Business provides professional trustee services to approximately 100 UK pension schemes (both UK DB Schemes and UK DC Schemes).

Related to UK DB Schemes

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

  • Schemes the Principal Civil Service Pension Scheme available to Civil Servants and employees of bodies under Schedule 1 of the Superannuation Act 1972 (and eligible employees of other bodies admitted to participate under a determination under section 25 of the Public Service Pensions Act 2013), as governed by rules adopted by Parliament; the Partnership Pension Account and its (i) Ill health Benefits Scheme and (ii) Death Benefits Scheme; the Civil Service Additional Voluntary Contribution Scheme; and the Designated Stakeholder Pension Scheme and “alpha” introduced under The Public Service (Civil Servants and Others) Pensions Regulations 2014;

  • UK CRR means Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as amended or supplemented from time to time, as it forms part of domestic law in the UK by virtue of the EUWA.

  • relevant scheme means a scheme of financial assistance provided under—

  • UK GDPR means the GDPR, as transposed into United Kingdom national law by operation of section 3 of the European Union (Withdrawal) Act 2018 and as amended by the Data Protection, Privacy and Electronic Communications (Amendments etc.) (EU Exit) Regulations 2019.

  • UK Bribery Act means the Xxxxxxx Xxx 0000 of the United Kingdom, as amended, and the rules and regulations thereunder.

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Company; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement (disregarding de minimis holdings by initial subscribers, if applicable); (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Company; (iv) all Subsidiaries of the Company immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Company) are Subsidiaries of the Company (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Company (or Newco) holds, directly or indirectly, the same percentage of the Ordinary Share Capital and Equity Share Capital of those Subsidiaries as was held by the Company immediately prior to the Scheme of Arrangement.

  • the Scheme means the Local Government Pension Scheme in

  • Scheme Rules means the applicable SEPA direct debit or credit transfer scheme rules of the European Payments Council as amended from time to time.

  • Israeli Companies Law means the Israeli Companies Law, 5759-1999, as amended, and the regulations promulgated thereunder.

  • UK Data Protection Legislation means all applicable data protection and privacy legislation in force from time to time in the UK including the UK GDPR; the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.

  • UK means the United Kingdom of Great Britain and Northern Ireland.

  • collective investment scheme means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable Persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • Companies Act means the Companies Act, 2008 (Act No 71 of 2008);

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.

  • Pensions Regulator means the body corporate called the Pensions Regulator established under Part I of the Pensions Xxx 0000.

  • Exempt Newco Scheme means a Newco Scheme where, immediately after completion of the relevant Scheme of Arrangement, the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on the Relevant Stock Exchange or (ii) admitted to listing on such other Regulated Market as the Issuer or Newco may determine;