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Theory of pension Funds ACM 451 CAT I OCTOBER 2021 11. How might a surplus or deficit arise in a benefit scheme? [4 Marks] 12.

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Theory of pension Funds

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ACM 451 CAT I OCTOBER 2021 11. How might a surplus or deficit arise in a benefit scheme? [4 Marks] 12. Discuss ways in which a sponsor may remove a surplus and a deficit from a scheme. [4 Marks] 13. What restrictions may apply to the removal of a surplus or deficit? [2 Marks]

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