Hybrid scheme

A pension scheme which provides retirement incomes on a defined benefit basis for some members, and a defined contribution basis for others. They may also provide some members with both.

Information correct as of December 3, 2013

View all Glossary Entries

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods, SALT.agency