While trying to learn the huge volume of P0, I found what I think is a typo. Page 4 of Unit 4 states that: "Regulatory basis companies must make some allowance for future annual bonuses on with profits business. Regulatory basis companies need not." Obviously one of the word "Regulatory" should read "Realistic" but I haven't got a clue which one. I'm sure I could just ignore this but I just know they will ask a question on it in the exam. Please can someone tell me what the core reading should say! Thanks Fraggle PS I'm starting to get stressed now! :-(
Regulatory basis companies must make some allowance for future annual bonuses on with profits business. Realistic basis companies need not. Well done for doing some proper work on the practice module!