Chapter 20 CMP 2017

Please could you specify exactly which chapter, section and paragraph you are referring to, ideally quoting the sentence that you are asking about? Thanks.

 

Thank you for clarifying.
The additional cost of {death benefits in excess of asset share} is charged to asset share - this is included as "cost of life cover" in the bullet point list at the end of that section.
However, any difference between maturity amount and asset share is not charged to asset share - as stated in the Core Reading, this falls to (or is picked up by) the estate, as it would normally comprise only smoothing (payable to/from the smoothing account) and the impact of any guarantees biting.