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fundholding
(redirected from fundholders)

   Also found in: Dictionary/thesaurus 0.05 sec.
fundholding
(formerly, in the National Health Service in Britain) the system enabling general practitioners to receive a fixed budget from which to pay for primary care, drugs, and nonurgent hospital treatment for patients


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The rules allow fundholders to take a tax-free cash lump sum worth up to 25 per cent of their total plan value once they have reached the age of 50 (or 55 when the rules change again in April 2010).
We speculate they will go ahead, but only once certain concerns raised in the consultation process, including by trust companies and other fundholders, are addressed.
Although IFAs and the media have been clucking over the deal, there seems no doubt that many fundholders will stick around to see whether Korhonen proves to be as good a choice as some of Bolton's stock selections.
 
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