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.
An arrangement whereby a portion of the contributions to a retirement plan are paid to a life insurance company and the remainder invested through a corporate trustee, mostly in equities. An insurer created to make a profit for stockholders.
A purchase structure in which the funding source pays a portion of the purchase price at closing and the remaining portion(s) at a later date(s).
Arrangement which combines investment in mutual fund shares and purchase of life insurance contracts, such as under an individual Keogh Plan.
The use of more than one investment manager to provide diversification of management, styles and classes of investments. The practice is often applied by superannuation funds to improve their chances of meeting investment objectives and reduce risk.
A method of funding a pension plan in which a portion of the total contributions to the plan are used to purchase an allocated funding instrument while the remainder of the contributions are placed in an unallocated fund.