Hi, I see the examiners' report refers to a model solution on the website. Where is this located? I can't locate and I don't seem to have the hang of solving so a model solution would be more beneficial than the marking scheme. Thanks " Introduction The Examiners’ Report is written by the Principal Examiner with the aim of helping candidates, both those who are sitting the examination for the first time and using past papers as a revision aid and also those who have previously failed the subject. Possible models with an audit trail or summary are posted on the website. It should be noted that these include more detail than would ordinarily be possible within the time allowed for the examination. The specimen solutions are based on one possible approach to modelling the assignment set but the examiners gave credit for any alternative approach or interpretation which they considered to be reasonable. Mike Hammer Chair of the Board of Examiners July 2019"
Hi, normally, these are available in the zip file for paper 1 and paper 2. https://www.actuaries.org.uk/studying/prepare-your-exams/past-exam-papers-and-examiners-reports However, for the last sitting the IFOA forgot to submit the excel model solutions. It is worth giving them a call and asking where to find these files or if they don't mind providing them in the usual space.
Thanks. I thought it was just me that couldn't locate the files as they are referenced in the examiners report but don't appear on the site! We are on holiday at the minute so I will call them when we are back home as I plan on starting work on CP2 when I'm back home. Thanks
Hi, I've called the IFOA eduction services. They've asked me to send the email in relation to the missing spreadsheet solutions. I'll post an update when I get a reply.
I've sent another email as it is not only the excel files missing but also the audit trail solution and report solution.
I will shoot them another email. Cant believe we need to ask for solutions....1 month after the results have been published.
Beggars belief at this stage! Can be sure October exam will have lower pass rate too and we missed the boat for the "easy" April sitting. Will drive me mad yet
Btw, I am actually quite optimistic about the October sitting. I'm assuming the papers will be error-free unlike in April.
I got a response from the IFOA with the link to where the files are uploaded, but unfortunately the audit trail and summary report are still missing. I think they are just not checking or not understanding what is missing. I have sent another explanation that we require the audit rail and summary report model solutions.
Hi JoeKing, do you mind also sending IFOA a chaser about the "audit trail model solution" and "summary report model solution"? I got an email from them today saying that this has been already done. The zip files were last updated on the 5th August with only excel files solutions. Clearly, they are missing the point of what is missing and just not really checking what was posted this time in comparison to last exam sessions. I've sent yet another email trying to explain.
Thanks Viki2010, they've finally sorted out that on the website and you can see the audit trail and summary report posted now