A funded pension scheme is a retirement plan that pays benefits to retirees from a fund that is actively invested in securities. The returns generated by this fund are distributed as pensions to its members.
Participating Preference Shares are a type of preference share that not only provides a fixed dividend but also allows holders to participate in additional profits after certain conditions are met.
Permanent Interest Bearing Shares (PIBS) are non-redeemable securities issued by building societies that offer a fixed interest rate, usually between 10% and 13.5%, providing high yields in perpetuity. However, they carry significant risks and have a limited second-hand market.
Reset bonds are bonds issued with a provision that on specified dates, the initial interest rate must be adjusted so that the bonds trade at their original value.
A bond issued by a Japanese-registered company in a currency other than yen but targeted primarily at the Japanese institutional investor market.
Treasury Inflation-Protected Securities (TIPS) are a type of inflation-indexed treasury bonds that adjust their principal value based on the Consumer Price Index (CPI). TIPS offer protection against inflation while providing a lower interest rate.
