Pension Provider to Annuitant
Employer to employee
Government to Public
State to its employees
Answer is Wrong!
Answer is Right!
The correct answer is: A. Pension Provider to Annuitant.
A personal pension scheme is a type of pension plan that is funded by an individual, rather than by an employer or the government. The individual pays into the scheme throughout their working life, and then receives a pension from the scheme when they retire. The pension is paid by the pension provider, which is the company that manages the scheme.
The other options are incorrect because:
- Option B is incorrect because the employer does not pay the pension in a personal pension scheme. The individual pays into the scheme themselves.
- Option C is incorrect because the government does not pay the pension in a personal pension scheme. The individual pays into the scheme themselves.
- Option D is incorrect because the state does not pay the pension in a personal pension scheme. The individual pays into the scheme themselves.