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Hi Em, Thanks for the reply. I just wanted to confirm that the "updating" of the actual inflation in the BEL wouldn't count as an assumption...
That should be experience variance*
Hi (again) lol, Thinking it through, is it because the actual payment is now higher? So 100 at 5% exp is 105 but actual inflation was 7% so new...
Hi Lindsay, Regarding the expense variance, why is the BEL impacted by the actual benefit and expense inflation? I understand that actual...
The current asset share is a separate thing from the guarantees that have been declared on a policy. The forum has lots of posts about asset...
Thanks so much Lindsay, I understand the distinction now.
Hiya, The point that speaks to NP business being written into the WP fund, is it possible to transfer the existing NP business to the WP fund or...
Got it now Lindsay, thanks.
Good day, I just wanted to verify if my reasoning is correct regarding the impact of the error. The ER states that premiums would have purchased...
Hi Em, Can you help with this please? Thanks so much.
Thanks for this Em.
Hi (again)! For the last 2 parts of the question - keeping the estate the same percentage of WP asset shares and keeping it the same absolute...
Hi Em, Thanks for clarifying. I'm still a bit stuck on the part that speaks about the basis being reviewed more frequently than the updating of...