This class was created by Brainscape user Kate Palmer. Visit their profile to learn more about the creator.
By:
Kate Palmer
- decks
- flashcards
- learners
Decks in this class (22)
C2 - Providers of benefits
Three pillars of retirement provi...,
Types of benefit other than retir...,
How does the state provide a majo...
13
cards
C3 - Regulation
Regulation of non state provision,
Encouragement of provision by the...,
Tax concessions on contributions
11
cards
C4 - Disclosure and guidance
When is information on the benefi...,
Common aims in accounting standards,
Differences between accounting st...
9
cards
C5 - Benefit Provision
Benefits offered to individuals,
Situations benefits may be required,
Net replacement ratio
20
cards
C6 - Design (general)
Decisions to be made when setting...,
Different approaches adopted when...,
What is a db scheme
16
cards
C7 - DB Design (Specifics)
Sponsor may discriminate between ...,
Factors sponsors use to discrimin...,
Factors that restrict sponsors di...
11
cards
C8 - Options DONE
Give a risk with options and how ...,
Give a common guarantees offered ...,
Give six options that may be gran...
15
cards
C9 - Risks & Uncertainties
Why fund may be insufficient to p...,
Main risks associated with db ben...,
Main risks associated with dc ben...
11
cards
C10 - Financing Benefits
Financing choices available to sp...,
Important factors sponsors consid...,
Book reserve
17
cards
C10.1- Social Security Systems
How to finance a social security ...,
In which circumstances does the f...,
Arguments for and against funding...
13
cards
C11 - Covenant
Sponsor covenant definition,
Two scenarios under which the spo...,
Conventional credit quality asses...
21
cards
C12/13- Investment
Main assets classes of investment...,
Describe how ldi strategies work,
Describe how longevity bonds and ...
17
cards
C14 - Models
Name three areas that may be mode...,
Models can help the following are...,
Four areas models may be used for...
24
cards
C15 - Asset Liability Modelling
Why should we review the continue...,
Issues to consider when setting t...,
Describe how the fund develops fo...
11
cards
C16 - Funding method DONE
Define modified contribution rate...,
4 main funding methods,
Scr and al for the attained age m...
24
cards
C17 - Valuation Data DONE
Sources of information that are u...,
Documents that give information t...,
Important information relating to...
10
cards
C18 - Valuation Assumptions DONE
Two types of assumptions the need...,
Examples of economic assumptions,
Examples of demographic assumptio...
16
cards
C19 - Valuation Considerations DONE
Purpose of a valuation for sponso...,
Factors affecting the approach to...,
Why best estimate may not be appr...
11
cards
C20 - Sources Of Surplus DONE
Define actuarial surplus and deficit,
Areas where differences typically...,
Ways a surplus can be reduced or ...
9
cards
C21 - Analysis Of Experience DONE
Reasons for monitoring actual exp...,
Data required to monitor actual s...,
Data to monitor the economic expe...
11
cards
C22 - Insurance DONE
Advantages and disadvantages of i...,
Benefits which are commonly insured,
How may insurers charge for group...
15
cards
C23 - Discontinuance DONE
Factors that will affect the bene...,
Members may feel they should rece...,
Further areas members may have ex...
14
cards
More about
st 4
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Kate Palmer's ST 4 flashcards for their Institute and Faculty of Actuaries class now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
WSET ® Level 4 D2 Business of Wine
- 7 decks
- 160 flashcards
- 216 learners
Decks:
Supply And Demand Factors Affecting Pric, Supply Chain, How To Get Wine To The Point Of Sale, And more!
Science St sec 4 2022-2023
- 3 decks
- 72 flashcards
- 1 learners
Decks:
Univers Materiel, Terre Et Espace, Univers Technologique, And more!
Geography Yr 7 at St Martins
- 9 decks
- 110 flashcards
- 251 learners
Decks:
Coasts Headlands, Rivers Drainage Basins And Valley Shapes, Rivers Drainage Basin And The Water Cycl, And more!
4 SCIENCE ST ET STE
- 1 decks
- 32 flashcards
- 2 learners
Decks:
Situation D Evaluation Chapitre 3, And more!
