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Member
Does the current asset share on a with-profits policy need to be large enough to support the PV of reversionary bonuses that have already been given, or also future reversionary bonuses that have not been declared yet?
In the example above, the notes sometimes refer to future reversionary bonuses, but I'm guessing that that just means future bonuses that have already been attached and not bonuses that haven't been declared yet?
In the example above, the notes sometimes refer to future reversionary bonuses, but I'm guessing that that just means future bonuses that have already been attached and not bonuses that haven't been declared yet?