Definitions for "Split Funding"
The use of more than one investment manager to provide diversification of management as well as diversification of styles and classes of investments. Superannuation funds often split their portfolios managers to improve their chances of meeting investment objectives and reduce risk.
A technique in which a part of the contributions to a pension plan is paid to a life insurer and a part is invested separately under a pension trust.
The use of two or more funding agencies for the same pension plan. An arrangement whereby a portion of the contributions to the pension plan are paid to a life insurance company and the remainder of the contributions invested through a corporate trustee, primarily in equities.