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Hi, I've few questions on IFRS 17 chapter: 1. Textbook says for IFRS 17, BEL is discounted form "observable market data". What does observable...
Hi @Francis, I've two questions from Tax chapter. Please could you help. 1) Why in 'I-E' basis, 'I' excludes dividend income from equities and...
Hi, is the examiners reports in IFOA website updated with latest study material? Also, I have 2022 version of 2019-2022 ASET papers. Do you think...
Hi, may I please understand: 1. Why without profits business may be written in WP fund? 2. and what is the risk of having without profits business...
Please ignore this question. I've found the answer to this myself. However, I do have a question - why does asset share calculations deduct tax?...
Hi, I've found what indexation means. It's in ch 8. Thanks
Hi, the course reading in chapter 8 mentions: " tax will be charged on each BLAGAB unit linked fund".. "For WP business it is necessary to...
Hi, May I know what do we mean by indexation allowance?
Thanks Lindsay. May I ask why companies are writing lower levels of new BLAGAB business (e.g. endowment?)
I'm sorry Lindsay. Could you please help understand me? I'm not able to follow reading from ch 23..
Thanks Lindsay. I agree the second one should have restricted amount of 227.5
Hi, I have another question on taxation. Could you help please? April 2020 past paper ASET, Solution 3ii: 1. What does it mean by 'netting down...
Thank you Lindsay.
Thank you for your reply @Lindsay Smitherman so are you saying wording in pg 12 are new rules that holds for both BLAGAB and Non-BLAGAB trade...
Hi, I have another question. How are policyholders taxed on protection products?
Hi, could someone please help me understand using a numerical example of how BLAGAB and non-BLAGAB trade losses will be adjusted? I'm a bit...
Hi, can you please help me understand how there will be a financial risk from withdrawals at times when reserve is negative? Does it mean to say...
Hi @Lindsay Smitherman @Lynn Birchall, could you please help me understand the below lines in green. This is from ch 19, answer 19.4: How close...
Hi @Lindsay Smitherman, could you please help understand this statement that you mentioned above "So, for example, if the liabilities are of...
solution 7.2 pg 31 "Higher income portion means lower life insurance company taxation. Higher income portion also means more policyholder tax". How?
Hi, I'm getting a but confused with practice exam (Q16.1, iv) solution in the acted book pg 23, in particular the answer for change in basis...