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Membership of the Association is open to any organisation providing any form of retirement provision for employees and to those providing professional advice and services to pension schemes. It hosts a number of seminars and conferences throughout the year which aim to keep members up-to-date with developments in the pensions industry.
A stakeholder pension is a money purchase pension provided by a bank, building society, insurance company or trade union. The holder makes payments (usually on a regular basis) which the provider invests on their behalf. Later in life, the accumulated fund can be accessed in the same way as other types of pension. [1]
On 8 June 2010, Tesco announced that Leahy was to retire as chief executive in March 2011. [6] Leahy has been paid £8.42m in performance related bonuses since his departure from Tesco, in addition to a pension pot worth £18.4m at the time of his departure. [7] Since then he has focused on startup investments.
Tesco Direct was a shopping catalogue and website operated by the British supermarket chain and retailer Tesco. It was supplying non-food goods such as homeware and consumer products with delivery or in-store collection through collection points in Tesco stores. [1] It was run in competition with Argos and Amazon. [2]
This took the form of a large, thin card (British Rail form number BR 24889 A) with a pre-printed expiry date of 31 March 1976 (so Railcards issued later in 1975 were valid for less than a full year), on which the holder's name, address, pension book number and signature had to be added. Holders had to meet one of the following criteria:
Tesco's South Korean discount store chain, Home Plus, currently has 66 outlets. [147] [148] In September 2015 the company was sold to MBK Partners, a South Korean buyout firm, which partnered with a Canadian pension fund and Singapore's Temasek Holdings in a transaction worth 4.2 billion pounds. [149]