1. 

   dChetty Member

   I have read that long term fund refers to the policyholders fund. Please expand on this.

    

   dChetty, Apr 4, 2016

   #1
2. 

   Lynn Birchall ActEd Tutor Staff Member

   Note sure there's too much to say! The "long term fund" refers to the assets backing the long--term business. Separate from the shareholders fund.
   
   Lynn

    

   Lynn Birchall, Apr 5, 2016

   #2

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