Examples of Bank of America UK in a sentence
Defined contribution schemes The main schemes are: − The Bank of America UK Retirement Plan (formerly the Bank of America Merrill Lynch UK Pension Plan) ("the UK Plan") which is generally available to the employees of the London branch of BofA Europe.
This document is the Annual Implementation Statement prepared by Bank of America (LBAC) Pension Trustees Limited (“us/ our”), trustee of the Bank of America UK Pension Plan (the “Plan”).
Future pension benefits will now be provided by the Bank of America UK Retirement Plan.
The Company participates in a number of defined benefit and defined contribution pension schemes in the Republic of Ireland and across Europe.Defined contribution schemesThe main schemes are:- The Bank of America UK Retirement Plan (formerly the Bank of America Merrill Lynch UK Pension Plan) (“the UK Plan”) which is generally available to the employees of the London branch of BofA Europe.
This Statement of Investment Principles (‘SIP’) covers both the defined benefit (also known as ‘final salary’) and the defined contribution (also known as ‘money purchase’) sections of the Bank of America UK Retirement Plan (the ‘Plan’).
July 2021DC Governance Statement Annual Chair’s Statement for the Bank of America UK Retirement Plan (the Plan), previously calledthe Bank of America Merrill Lynch UK Pension PlanA message from Peter Gibbs – Chair of the Trustee BoardAs you will know, the Plan is established within a Trust and is governed by a Trust Deed and Rules which set out the way in which the Plan operates.
While net assets are shown as $198 million ($380 million gross) many of these assets were held outside Ireland, for example a deposit of $80 million was held in an account of the Bank of America UK.