FURBS

AcronymDefinition
FURBSFunded Unapproved Retirement Benefit Schemes (UK)
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References in periodicals archive ?
Apparently the PVH trust is not a Furb. But just what it is, the company refuses to say: and because PVH is privately-owned it is not obliged to.
Footballers with their own management companies could find themselves dealing with Furbs.
It can also generate tax advantages for higher rate tax payers who shelter their gains in a Funded Unapproved Retirement Scheme, or Furbs.