Mnemonics

Question 1

How to be professional

Answer 1

CIRCUM TR

Question 2

Aims of regulation

Answer 2

PPPMR

Question 3

Costs of regulation

Answer 3

AC ARRUR

Question 4

Functions of regulators

Answer 4

SERVICE

Question 5

Characteristics of a successful project

Answer 5

PROJECT CRAMPS

Question 6

Stakeholders actuaries can advise

Answer 6

BEIGE BRIMS

Question 7

External environment

Answer 7

CREATE GREAT LISTS

Question 8

Contract design factors

Answer 8

AMPLE DIRECT FACTORS

Question 9

Expenses

Answer 9

RAPID COST

Question 10

Financial statement concepts

Answer 10

BARD GPCCMMM

Question 11

Info to be disclosed in pension funds

Answer 11

DISCLOSURE

Question 12

Risks in pension funds

Answer 12

RECM 3523

Question 13

Assessing a model

Answer 13

FENCED

Question 14

Requirements of a good model

Answer 14

VARIABLE CRISPS CARD

Question 15

Uses of data

Answer 15

SIR MAPEMAP

Question 16

Sources of data

Answer 16

TRAINERS

Question 17

Problems with industry data

Answer 17

DR DONEQ

Question 18

Considerations when setting assumptions

Answer 18

LUNCH

Question 19

Reasons price difference from cost

Answer 19

FLED UP

Question 20

Reasons for withdrawing from benefit scheme

Answer 20

SNECC

Question 21

Reasons for monitoring experience

Answer 21

UMM

Question 22

Reasons for holding MMIs

Answer 22

OPIATES

Question 23

Attractive economic conditions for MMIs

Answer 23

WIRE

Question 24

Prime property characteristics

Answer 24

CALL ST

Question 25

Comparing ITCs and UTs

Answer 25

MIDGET LVL

Question 26

Reasons for overseas investment

Answer 26

MUSH D

Question 27

Problems with overseas investment

Answer 27

CATERPILLAR

Question 28

Emerging markets considerations

Answer 28

MARCETED PRICE

Question 29

Comparing direct to indirect

Answer 29

CCVVDDDEEEFGMT

Question 30

Factors affecting bond yields

Answer 30

FIRIES

Question 31

Factors affecting equity market

Answer 31

EPISCOPATE

Question 32

Factors affecting property market

Answer 32

TPFTS

Question 33

Factors affecting investor preferences

Answer 33

FLERPM

Question 34

Methods of valuing assets

Answer 34

SHAM FADS

Question 35

Methods of valuing equities

Answer 35

MEND

Question 36

Property risk premium compensates for

Answer 36

MUDDD

Question 37

Justification for bond yields to be greater than dividend yields

Answer 37

PUE E

Question 38

Why calculate provisions

Answer 38

BAD MEDICS

Question 39

Methods for valuing liabilities

Answer 39

DAB MS

Question 40

Reasons for calculating surplus

Answer 40

DIVERGENCE

Question 41

Sources of surplus

Answer 41

CENTS MIMIC WP

Question 42

Levers of surplus

Answer 42

RIG ERRM REK IIA

Question 43

Reasons for UW

Answer 43

SAFER

Question 44

Capital management tools

Answer 44

FIB DRESS

Question 45

Initial appraisal considerations

Answer 45

SPURS

Question 46

Detailed appraisal contents

Answer 46

CRIS I AM

Question 47

Identifying risks

Answer 47

DR RUB

Question 48

Evaluating mitigation strategies

Answer 48

SCAN

Question 49

Considerations beyond investment submission

Answer 49

HOLD ON

Question 50

Canons of good lending

Answer 50

SARS PC

Question 51

Types of risk

Answer 51

LE COMB

Question 52

Benefits of good risk management

Answer 52

DISCO RAGE

Question 53

Factors influencing investment strategy

Answer 53

A SORT ORDER CUNT

Question 54

Considerations for individuals before making investment decisions

Answer 54

VIP CAR

Question 55

Investment strategy regulation

Answer 55

M MATCHEM

Question 56

Problems with precise matching

Answer 56

ILU

Question 57

Other investment strategy techniques

Answer 57

MBC

Question 58

Problems with immunisation

Answer 58

R FASCIST