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With a fixed NRA as members live longer the Plan has to pay a pension for a longer period of time, all else being equal. Thus the cost to the...
I have a few pieces of advice. Do tutorials, even if you have done them before. When you do a tutorial, you shouldn't just be looking to better...
Hi Dan I believe you are mistaken regarding the formula used in the ASET. That formula is for the return over the year, which is equivalent to...
Hi quick question on the calculation for the commutation bit. Current Assumption is 75% take 25% lump sum, with commutation factors equal half...
Hi I’ll my best to answer, but happy to hear thoughts from other persons. 1) yes you can calculate the annual pension amount for a member at...
Yea the questions weren't overly difficult. I just don't believe I was able to generate enough points on the basis of 1 mark = 2 solid points. Not...