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Pensions and Other Benefits Specialist Principles (SP4)

Pensions and Other Benefits Specialist Principles (SP4)

Specialist Principles

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 15 minutes paper-based exam
Recommended study hours: