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defined benefit
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A
Sep2019_Q2_Pii
Part ii is asking the response which the employer's actuary should make to the Scheme's actuary. "Do nothing" is one of possible actions prescribed in the Part i (by the scheme actuary), but does it not fit Part ii better. Because the sponsor's actuary will probably want to remain status quo... -
A
April 2019_Q2_Part(V)
The question asks about the actions available to the trustees, given the covenant assessment is weak. The solution seems to ignore some obvious items. For example (just writing the pointers): Restriction on the use of free cash flow with the sponsor. Alternative to cash payment - Ratchets... -
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A2019_Q3 (iv)
Hello Before insurance Irrespective of whether the scheme insures DIS pension based on accrued or prospective service, should the SCR calculation not remain unchanged under both the circumstances? Because PUSCR is calculated over the control period and has nothing to do with past or future... -
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A2019_Q1
Hello The question suggests the following: The scheme provides a pension that is guaranteed to increase in payment in line with price inflation. The sponsor has proposed to the trustee that members should be offered at retirement an option to convert their pension to one which increases at the... -
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Pension (DB vs BC)
I don't have any pension background at all. I hope someone can explain it in more detail. Thank you! From Acted Notes: " Defined benefit schemes The cost of providing all of the benefits is not known with certainty until all the benefit payments have been made. There may be some flexibility as... -
A
Benefit outgo > Cashflow into scheme
The investments chapter state the following, "if the liabilities involve a high level of benefit outgo relative to cashflow into the scheme, it may be appropriate for the scheme to hold higher-yielding investment". Higher-yielding assets will inevitably generate higher returns but these will... -
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Benefit Provision- Ch 5
Section 4.8 Last line before the Question says "Redistribution would occur if contributions were subject to a ceiling but benefits are not." In my opinion, redistribution should occur if the benefits are subject to ceiling and not contributions because this way the benefit paid is capped for... -
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Unfunded Defined Benefit Schemes
Why do we say that defined benefit schemes may be funded or unfunded, when there is a regulatory requirement to maintain a certain funding level? How exactly would an unfunded DB scheme work?- Phani Vasantarao
- Thread
- ch5 defined benefit
- Replies: 3
- Forum: CP1