... available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C...

... And what a difference a year makes! This time last year we were looking at disappointing results which showed that only approximately  90% of Individual Licensees in the market had met their Continuing Professional Development (“CPD”) requirements for the assessment period from 1 August 2021...

... immediatechanges in shareholder controller iscontrollers to whom section 13B applies are subject to IA’s prior approval under s.13Bno objection) (Form A/B in Schedule 5) X (Note: changes in controllershareholder controllers (other than a controller to whomwhere section 13B applies) are subject to notification...

... approval is required for appointment of controllers as defined under section 13A(12)(a)(ii)) (Form A in Schedule 4) Shareholder controller  (Note: changes in shareholder controllers to whom section 13B applies are subject to IA’s no objection) (Form A/B in Schedule 5) X (Note: changes in shareholder...

... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...

... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...

... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...

..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...

..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...

...  Participating  Policies,  it  states  that  benefits  under  Pessimistic  Scenario  are  based  on  a  decrease  of  about  x%  p.a.  whereas benefits under Optimistic Scenario are based on an increase of about y%  p.a. in comparing with the current assumed investment return. Please elaborate a  bit  more...