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mvr

  1. S

    Sept 2018 Q1

    Hi, This question asks: 'Suggest possible reasons why the payout from a with profits policy might be different from the policy’s asset share.' In the examiner's report it says that MVAs are not applicable here. Why is this? I understand that MVAs apply only on accumulating with-profits...
    • Sinead_D
    • Thread
    • mva mvr sp2 st2
    • Replies: 2
    • Forum: SP2
  2. M

    Surrenders (WP)

    If an MVR is applied on surrender such that the surrender benefit is the unsmoothed AS, does it mean the following: The guaranteed benefit at the point of surrender is reduced to equal the unsmoothed AS The cost of guarantee = 0 (due to the point above) The cost of smoothing = 0
    • Mbotha
    • Thread
    • market value reduction mvr surrender surrender values with profits with-profits
    • Replies: 6
    • Forum: SA2
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