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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...
The question asks about the actions available to the trustees, given the covenant assessment is weak. The solution seems to ignore some obvious...
Hello Before insurance Irrespective of whether the scheme insures DIS pension based on accrued or prospective service, should the SCR...
Hello The question suggests the following: The scheme provides a pension that is guaranteed to increase in payment in line with price inflation....
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 investments chapter state the following, "if the liabilities involve a high level of benefit outgo relative to cashflow into the scheme, it...
Section 4.8 Last line before the Question says "Redistribution would occur if contributions were subject to a ceiling but benefits are not." In...
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?...
