PPFM general requirements Flashcards
1
Q
Acronym
A
DOGMA CTC
2
Q
D
A
Detail must be sufficient to enable understanding of material risks/ rewards
3
Q
O
A
Only needs to cover reasonably foreseeable issues
4
Q
G
A
Governance of E-P fund must include assessment of whether managed per PPFM
5
Q
M
A
Made available on request, but PH must be aware of it
6
Q
A
A
Annual report from independent assessor
7
Q
C(1)
A
Consumer friendly version - CPPFM
8
Q
T
A
Three months notice for change in principles
9
Q
C(2)
A
Cross-subsidies between different generations of policyholders detailed
