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Sep 13 Paper 1 Q7: on monitoring mortality experience

S

ST6_aspirant

Member
The solution mentions:

Actual expenses were more favourable than expected, examples:

1) NB expenses lower than expected
2) Required contribution to overheads lower than expected

My questions:
Why will a defined benefit pension scheme have new business expenses?
Can you please give examples how required contribution to overheads will will lower than expected.

Thanks.
 
Apologies, I am having trouble locating the background to this question: could you check the exam paper reference so that I can review the exact context before responding? Thanks!
 
Hi, I cant seem to locate the question either. Will write back in case I find it. Thanks.
 
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