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.
It is 3 hours and 20 mins-based assessment.
In the SP subjects, the approximate split of assessment across these three skill types is 25% Knowledge, 50% Application and 25% Higher Order Skills.
SP4 SSP (Self Study Programme)
₹8,500.00 – ₹12,500.00
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
Silky Goyal 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
SP4 Content Lectures
| 01 SP4 Ch 4 And 11 | 02 SP4 Ch 5-8 Part 1 | 03 SP4 Ch 5-8 Part 2 |
| 04 SP4 Ch5-8 Part 3 | 05 SP4 Ch 5-8 Part 4 | 06 SP4 Ch 5-8 Part 5 |
| 07 SP4 Ch5-8 Part 7 And 19 | 08 SP4 Ch 9 Part 1 and CP1 Ch 24-30 Part 1 | 09 SP4 Ch 9 Part 2 and CP1 Ch 24-30 Part 2 |
| 10 SP4 Ch 9 Part 3and CP1 Ch 24-30 Part 3 | 11 SP4 Ch 9 Part 4 and CP1 Ch 24-30 Part 4 | 12 SP4 Ch 10 |
| 13 SP4 Ch 12-13 Part 1 and CP1 Ch 8-9 Part 1 | 14 SP4 Ch 12-13 Part 2 and CP1 Ch 8-9 Part 2 | 15 SP4 Ch 12-13 Part 3and CP1 Ch 8-9 Part 3 |
| 16 SP4 Ch 12-13 Part 4 and CP1 Ch 10 Part 1 | 17 SP4 Ch 12-13 Part 5 and CP1 Ch 10 Part 2 | 18 SP4 Ch 12-13 Part 6 and CP1 Ch 14 Part 1 |
| 19 SP4 Ch 12-13 Part 7 and CP1 Ch 14 Part 2 | 20 SP4 Ch 17 and CP1 Ch 18 | 21 SP4 Ch 18 And CP1 Ch 19 |
| 22 SP4 Ch 14 | 23 SP4 Ch 15 | 24 SP4 Ch 20 |
| 25 SP4 Ch 21 | 26 SP4 Ch 22 | 27 SP4 Ch 23 |
| 28 SP4 Ch 16 Part 1 | 29 SP4 Ch 16 Part 2 |
SP4 Latest Content Lectures
| SP4 Orientation | SP4 Stakeholders Discussion | SP4 Benefit Design in General | SP4 Benefit Design | SP4 Ch 1-8 | SP4 Ch 9 | SP4 Ch 12 | SP4 Ch 13 |
Trending topics
| Climate Change and its Risks | Investment Risks | Trending Topics Discussion |
| Trending Topics Discussion | Trending Topics Discussion |
SP4 Summary Lists
| SP4_Summary List 1 | SP4_Summary List 2 | SP4_Summary List 3 | SP4_Summary List 4 |
SP4 Assignments
| SP4_Assignment 1 | SP4_Assignment 2 | SP4_Assignment 3 | SP4_Assignment 4 |
SP4 Unit Tests
| SP4 Unit Test 1 | SP4 Unit Test 2 | SP4 Unit Test 3 | SP4 Unit Test 4 |
SP4 Mock Tests
| SP4 Mock Test 1 | SP4 Mock Test 2 |
Related products
Testimonials
Our Students Love us
