SP4 (Full English Course)
Original price was: ₹30,000.00.₹25,000.00Current price is: ₹25,000.00.
Course: SP4
Faculty: Mrs. Silky Goyal
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.
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.
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.
The assessment is 3 hours and 20 minutes long.
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 SP4 from The Academic Junction??
SP4 Course Content
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.
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.
Exam format:
3 hours and 20 minutes exam.
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.
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).
SP4 SYLLABUS
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%)
Mrs. Silky Goyal
She is coming straight from the industry and now at a place where her heart lies.
Visionary on the path of becoming an actuary laid the foundation of The Academic Junction.
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 –
To watch our demo videos, contact us on Whatsapp
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