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Old 02-03-2017, 11:12 PM
Fizz Fizz is offline
Join Date: Oct 2013
Posts: 128
Default EOM3 - Task 7 Question 2 - Mistake/Typo?

The second question of task 7 asks us to compared our recommended defined contribution plan against the proposed defined benefit plan.

I would have thought it would ask us to compare it to the proposed defined contribution plan described in task 5 (12%/17%)..

Just confused why we are comparing recommended DC to a DB when it already said DB has too much risks and management wants to get rid of it.

Anyone else find this odd?
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Old 02-04-2017, 10:00 AM
LoLActuary LoLActuary is offline
Join Date: Aug 2014
Posts: 393

Well since task 1 was focusing on career employees using a DB plan and task 2 was focusing on career employees using a DC plan, it only makes sense to compare the two at the end. It says the management was "reluctant" but I don't think that means they can't be convinced otherwise
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