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Get to know The Plumbing & Mechanical Services (UK) Industry Pension Scheme

Established in 1975, The Plumbing & Mechanical Services (UK) Industry Pension Scheme is a large, multi-employer pension plan serving the United Kingdom's plumbing industry. Its mission is to provide retirement and death benefits for its members and their dependents. The Scheme consists of two parts: a Defined Benefit (DB) section, which is now closed to future accrual, and a Defined Contribution (DC) section, which is the primary vehicle for current members' pension savings. It is managed by a Trustee company, Plumbing Pensions (UK) Ltd, which is responsible for the administration and investment of the Scheme's assets in the best interests of its members.

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The Plumbing & Mechanical Services (UK) Industry Pension Scheme

United Kingdom

Founded in

1975 (51 Years)

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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