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- Relevant wholly insured scheme .
Member-nominated trustees and member-nominated directors
Member-nominated trustees and member-nominated directors
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Relevant wholly insured scheme
This is a scheme with only one trustee where all the benefits are secured under contracts of insurance or annuity contracts. Some or all of these insurance or annuity contracts are with an insurance company which:- is the trustee; or
- is connected to the trustee;
but:
- is not the employer; or
- is not connected to the employer.
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| Related documents |
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| MNT/MND code of practice (PDF) |