Acronym vs. Area 23-28 & 32-34

Question 1

Ways to value assets:

Answer 1

(SHAM FADS)

Question 2

Main factors influencing investment strategy :

Answer 2

SOUNDER TRACTORS

Question 3

Three main definitions of risk in institutional investment strategies

Answer 3

PVPR

Question 4

Factors to consider prior to a tactical asset allocation switch

Answer 4

CEPEL

Question 5

Main factors influencing individual investment strategy

Answer 5

PRINCES

Question 6

Types of benefit payment and asset strategy

Answer 6

GIDI

Question 7

Regulatory framework limitations in developing an investment strategy:

Answer 7

TECH SCAM

Question 8

Objectives of the limitations for investment strategy

Answer 8

CLS

Question 9

Limitations of Redington’s immunisation theory:

Answer 9

FAT DRY PI

Question 10

Expenses for securing new business:

Answer 10

PUMaCR

Question 11

Factors affecting cost of benefit:

Answer 11

TIERCCCOP/ICC COPTER

Question 12

Factors affecting the marketability of benefit:

Answer 12

ICE

Question 13

Factors affecting benefit paid in discontinuance:

Answer 13

FRACPENCs

Question 14

Insolvency and closure of a life insurer why this rarely happens:

Answer 14

RIPTC

Question 15

Factors affecting the level of benefit paid out in the case of insolvency:

Answer 15

ARE

Question 16

Factors considered when modeling future solvency

Answer 16

RECSO

Question 17

When taking over discontinuance business consider

Answer 17

RIEL SyCRETS

Question 18

Options for benefit provision of discontinued benefit scheme

Answer 18

CLiBPr/CT4

Question 19

Merits of valuing assets with the market price

Answer 19

ARCOE FFARBB

Question 20

Issues with valuing equities with the discounted dividend model

Answer 20

TURA / TULA

Question 21

Methods to compare returns on different asset classes

Answer 21

Y GRaNTR

Question 22

Property risk premium compensates for

Answer 22

U VOLD

Question 23

Valuation of A and L with Market value, Merits

Answer 23

CAMV

Question 24

Valuation of A and L Discounted cashflow merits

Answer 24

SASH/CASH

Question 25

Merits of Active investment

Answer 25

JEL JED

Question 26

Merits of Passive investment

Answer 26

EIS LT

Question 27

The technique of risk budgeting

Answer 27

APEAR

Question 28

Non-Actuarial Techniques of investment strategies

Answer 28

MAS

Question 29

The three components of risk when quantifying

Answer 29

ASS

Question 30

Aspects of an Asset Liability model

Answer 30

OPHACC

Question 31

Factors causing differences - price and cost of products

Answer 31

DCLP

Question 32

Factors when assessing premium rates

Answer 32

MOP

Question 33

Forms of funded products

Answer 33

JuSTLuReT

Question 34

Factors to consider when choosing a financing method

Answer 34

FLiRTS SORRi

Question 35

Constraints individual investors have that institutions do not have:

Answer 35

4 Lack of Cash SADD

Question 36

Advantages of PAYG

Answer 36

WTF ExO

Question 37

Limitations of a deterministic Asset-Liability model:

Answer 37

VaCorDNSLiMa

Question 38

Advantages of risk budgeting

Answer 38

BaIn

Question 39

Benefits of funding in advance

Answer 39

GASER T

Question 40

Treating the surplus or deficit of a discontinued benefit scheme

Answer 40

DPEL SERP

Question 41

Steps required to perform a stochastic ALM modelling exercise:

Answer 41

OSNeP SAPI