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SP4

Original price was: ₹18,000.00.Current price is: ₹15,000.00.

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SKU: N/A Category: Actuaries

About Course

SP4 – PENSIONS AND OTHER BENEFITS PRINCIPLES

Area	Description
Introduction	Pensions and Other Benefits Specialist Principles and Advanced (SP4 and SA4) are key assessments for students working in the field of pensions. For the new curriculum we have developed the core reading material to allow for the changing environment, including alternative approaches to benefit provision. Key developments include a greater emphasis on risk sharing, defined contribution arrangements and public sector schemes and, for SA4, drawing on examples from different territories.
Aim	The aim of Pensions and Other Benefits Specialist Principles (SP4) is to develop a student’s ability to apply, in simple situations, the main principles of actuarial planning and control needed for the financial management of pensions and other benefits.
What You Learn	It builds on material covered in earlier subjects and seeks to equip a student with the skills and broad working understanding of pensions to the level that may be required of a qualified actuary working in a consultancy, insurance company, public sector body or other comparable financial institution.

Detail	Information
Duration	The assessment is 3 hours and 20 minutes long.

Skill Type	Weightage
Knowledge	25%
Application	50%
Higher Order Skills	25%
In the SP subjects, the approximate split of assessment across these three skill types is 25% Knowledge, 50% Application and 25% Higher Order Skills.

Why TAJ

#	Feature	Details
1	Experienced corporate faculties	With 13-14 papers in progress to make you understand the application of knowledge contained in the subject.
2	Classes available in all 3 modes	Classroom, Live Online and Videos.
3	Multiple small batches	To focus on personal interaction and development.
4	Chapter wise Assessments and feedback sharing	To discuss your improvement areas.
5	Detailed Study plan, Chapter Wise Important Topics	Detailed description- main highlights.
6	Exclusive writing and discussion sessions	Oriented to case studies and past papers discussion.
7	Regular doubt classes	To help you learn technical skills and clear your conceptual knowledge.
8	It’s not about only writing	It’s about what to write and how much to write so writing and discussion sessions is our USP and that too by All India ST4 Topper.

Area	Coverage
Aim	The aim of Pensions and Other Benefits Specialist Principles (SP4) is to develop a student’s ability to apply, in simple situations, the main principles of actuarial planning and control needed for the financial management of pensions and other benefits.
Coverage	It builds on material covered in earlier subjects and seeks to equip a student with the skills and broad working understanding of pensions to the level that may be required of a qualified actuary working in a consultancy, insurance company, public sector body or other comparable financial institution.

Detail	Information
SP4	3 hours and 20 minutes exam.
Calculator	Scientific Calculator is allowed in exam. However, you can use only one of the models from the list below. This can also be used for future exams.

#	Allowed Calculator Model	Note
1	Casio FX82 (ES/MS)	With or without any suffix
2	Casio FX83 (ES/MS)	With or without any suffix
3	Casio FX85 (ES/MS)	With or without any suffix
4	Sharp EL531	With or without any prefix or suffix
5	Texas Instruments BA II Plus	With or without any suffix
6	Texas Instruments TI-30	With or without any suffix
7	Hewlett Packard HP12c	With or without any suffix

#	Topic	Weightage
1	Pension provision and general business environment	20%
2	Scheme design and financing	20%
3	Managing schemes and risks	20%
4	Models, valuations and setting assumptions	30%
5	Monitoring experience and the Control Cycle	10%

About Faculty

Faculty	Mrs. Silky Goyal
About	Silky Goyal is coming straight from the industry and now at a place where her heart lies.
Vision	Visionary on the path of becoming an actuary laid the foundation of The Academic Junction.
Teaching Approach	Corporate Experience combined with on job training helps her to combine real life experiences with theoretical concepts which turns theory subjects into practical and more interesting.
To know more about our faculty – Click on LinkedIn Profile

Demo Lectures

Detail	Information
Demo Videos	To watch our demo videos – Click here

Our Content

Type	Included
Summary Lists	SP4_Summary List 1, SP4_Summary List 2, SP4_Summary List 3, SP4_Summary List 4
Assignments	SP4_Assignment 1, SP4_Assignment 2, SP4_Assignment 3, SP4_Assignment 4
Unit Tests	SP4 Unit Test 1, SP4 Unit Test 2, SP4 Unit Test 3, SP4 Unit Test 4
Mock Tests	SP4 Mock Test 1, SP4 Mock Test 2