J
joe90
Member
Term assurance is an xse product whereas Endownments(EA) are xsi products.
So for term assurances(TA) E>I.
What does this imply for expense and inv return on TA?
I read that receiving tax relief on the expenses is the most important part here so we can price on a net/net basis? I dont get this? What does net/net mean here?
Similarly for EA I>E. I read receiving investment returns gross of tax is good. So gross/gross is good? What does this mean?
So how do you get gross/gross or net/net invest returns/expenses?
Does this depend on the overall company position?
What would an example of how pricing a TA would be effected if a company went from
A) XSI to XSE
B) XSE to XSI
Any help would be appreciated on this!
Cheers.
So for term assurances(TA) E>I.
What does this imply for expense and inv return on TA?
I read that receiving tax relief on the expenses is the most important part here so we can price on a net/net basis? I dont get this? What does net/net mean here?
Similarly for EA I>E. I read receiving investment returns gross of tax is good. So gross/gross is good? What does this mean?
So how do you get gross/gross or net/net invest returns/expenses?
Does this depend on the overall company position?
What would an example of how pricing a TA would be effected if a company went from
A) XSI to XSE
B) XSE to XSI
Any help would be appreciated on this!
Cheers.