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Hi In the revision books, the answer for this question says that it is assumed that the non-unit reserves do not increase with interest. Firstly,...
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...
I noticed that the examiners report "the exam was done out of 200 and therefore the mark scheme shows a total of 200 marks available for the...
When talking about alterations in terms, what do we mean by "profit released"?
Chapter 17, flashcard 9 states that market-consistent investment rate can be risk-free rate, but volatility must be based on actual underlying...
With regards to published accounts, what is exactly is meant by "true and fair view"? When would it be okay to not have a true and fair view?
CH17, flashcard 12 says that persistency assumptions are only needed if we are using cashflow method, and not formula method. But why is this so?...
I am revising chapter 13 using flashcards, and I can't understand how are internal unit linked funds different from regular unit-linked funds? Can...
Suppose I had two endowment products one with profit and another without profit endowment. And the valuation is a "net premium valuation". And a...
Just realised my name missed out on the pass list. I was confident soon after the exam that I had aced it.... any pointers as to what I should do...
Is anyone interested in booking a ST2 tutorial in Croydon/Brighton? Please fill up the following form if you do -...