V
Viki2010
Member
Hi, would the Adj component only apply for WP business (discretionary element from bonus declarations)?
I've noticed that the Exam Q1 iv does not mention the Adj component as one of the sources of MA impacts, even though the Adj relates directly to TP thus MA would apply here. However the insurer sells only annuities and so no discretionary elements would apply here.
I've noticed that the Exam Q1 iv does not mention the Adj component as one of the sources of MA impacts, even though the Adj relates directly to TP thus MA would apply here. However the insurer sells only annuities and so no discretionary elements would apply here.