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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With A
  5. Appropriate Personal Pension Scheme (APPS)

Appropriate Personal Pension Scheme (APPS)

Definition of 'Appropriate Personal Pension Scheme (APPS)'

A personal pension scheme (or Free Standing AVC) which can be used for contracting out of the State Earning Related Pension Scheme (SERPS).

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Related Terms

Group Personal PensionAccrual RateAccrued Rights Premium (ARP)Added YearsAdditional Voluntary ContributionsBasic PensionBusiness Expansion SchemeClosed Ended SchemeEISBlack EconomyGeneral PartnersHome-Made GearingInternal Rate of ReturnNormative EconomicsRelevant RiskSubjective ProbabilityAccrued BenefitsApprenticeshipAuthorised Unit TrustAuthorized Unit Trust

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