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I understand that there have been a number of changes to the chapters on taxation. In the past exam papers, April 2010 and April 2013 have...
I have a question on April 2013 Q1 (iii). In the examiner’s report, expected valuation rate of interest margin of 2.5% is used. Expected...
I have some queries on question 1 of April 2017 exam paper. I will appreciate if someone can correct my understanding below: 1(i) The solution in...
(a) For unit-linked pension business, can someone please explain the impact on PVIF, net assets and EV overall of each of the following changes?...
I am confused after reading the solution contained in examiners’ report to question 1 (vi). The points mentioned in examiners’ report are all...
Please can you confirm whether the following approach to Q1(i) is correct? Liabilities at start of year = £5.2m Assets at start of year = £5.2m...
In CMP Upgrade it is mentioned that Takaful has been added to the list of products in syllabus objective. However, in the CMP Upgrade I cannot...
In April 2001, Paper 2 Question 1 (iii) asks to describe how would you calculate EV of a company called CoC. CoC has been put up for sale and it...
Hello, I am struggling to understand Virtual Capital as explained in the core reading. Please could you help with the questions below on Virtual...