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Hi, I am confusing myself trying to explain why, if the regulatory "already allows future profits to be included as an admissible asset....then...
Could someone help explain the relationship and differences between these: - free assets - free capital - additional capital requirement -...
I'm interested in everyone esp tutors' opinions on the possible topics that might come up in the Apr 2024 exams. For example, is climate...
Hi, I have had a go at X5 and I am looking at the solutions and it mentioned 'crystallised' a lot. I have not come across this and I have...
To whom it may concern, good day I am confused with the following statement: ‘If yields on these assets fall, the cost of purchasing annuities...
Hello, Hope everyone's doing well! I appeared for CP1 & CP3 this April session. I cleared CP3 but got 59 in CP1 and have probably just missed by...
Hi all I'm preparing to take CP1 in September 2023 and I'm interested in joining a study group or finding a study partner. If you are also...
Hi, I am repeatedly confused by what 'selection' and 'selective effect' actually mean in CP1. Chapter 20 of the CMP notes (page 14) says: "..we...
Hi, I found two parts of this section on page 8 difficult to follow, given my lack of pricing experience. 1) "It is important in building such a...
Q5 Sep 2022 P2: This contains questions on the accounting concepts, but these are not in the notes, though were in the earlier exams. Can this...
Hi, Two quick questions on chapter 29, page 22 re. Integrated Risk Covers: 1. "They are used to avoid buying excessive cover" -Is this because...
I have decided to write the CP1 paper in the upcoming April sitting and would like some advice in my preparation. It has been mentioned that CP1...
Hello :( Following results yesterday, I've now failed CP1 for the 4th time and I am in need of advice on how to tackle it. Some background -...
Page 6 of the notes (Chapter 17 Modelling) says when listing potential operational issues: A range of methods of implementation should be...
Dear All, SP 2 exam was over and all the best to those who took it. I am wondering whether there are any advices on the next plan. I am not...
Hi. In the third bullet point, it is mentioned that share prices in closed-ended funds are also more volatile than the prices of the underlying...
Hi, I got some questions 1v) In the answer: It could use its own database to target the existing customers. The whole of life assurance product...
Hi I really don't understand the terminology used for benefit schemes. I feel like there are 3 parties involved which are: The "scheme" or...
After attempting CP1, P2, September 2019, 1iii, I realised my understanding of how discontinuance of DB works is very limited! In this Q the DB...
I don't have any pension background at all. I hope someone can explain it in more detail. Thank you! From Acted Notes: " Defined benefit schemes...
Hi! Is anyone preparing for CP1 Exam 2022 April? Please pm me, so I will contact and create a group chat for us! If there already existed one, can...
I've not seen a post on this since 2017 so thought I'd open a thread... Has anyone been through the exam appeal process after receiving their SAR...
Hi everyone, I'm looking to form/join a group for CP1 exam in Sept 2021 where we can peer review/mark each others scripts. I did this for other...
Hi there, I'm looking at the solutions to question 5 from this chapter and one of the points outlined is: "The returns on cash instruments may...
Hi all, Do we know which past paper questions (paper 1 & paper 2) are relevant for the 2021 syllabus? I understand that the syllabus has changed...
Hi all, After two unsuccessful attempts at CP1, I'm looking to try something different for the next sitting. I have seen threads on other forums...
In Chapter 3, when we mention sanctions under functions of regulator, do we mean sanctions on a company, on a country, or something else? Is there...
Hello, I am unable to understand the difference between pure matching and liability hedging. In both cases, we seem to be selecting assets to...
For the dividend discount model, why do we discount with the required rate of return, rather than some kind of risk-free rate of return?
In chapter 11 we state that "The real yield curve is a plot of real gross redemption yields on index-linked bonds against term to maturity." Why...
In chapter 10, we discuss how investment trust share prices might be discounted from NAV because of management expenses, marketability, etc. There...
Hello everyone, I took exam SP7 at the September 2020 sitting and assuming that I pass this (big assumption with no guarantee) I have SA3 and CP1...
Hello to everyone. Hope you are all well. I am wondering if any of you sat CP1 as a written exam and as an online exam and please share if it made...
Hi Acted, In the CP1 acted notes, although very helpful for background/additional info, there is much extra detail in each chapter which is not...