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!
