Consolidation: AOS

Asset Value at Previous Valuation Date

Enter the value of assets at the previous valuation date.

Inter-Valuation Annual Net Cash Flow

Enter the average inter-valuation annual cashflow.

Expected Interest Rate(s)

Enter the annual expected rate of interest.

Select from the drop-down list the Global Financial Parameter that contains the rate applicable. Once selected the current value of the Global Financial Parameter is shown to the right of this field.

Actual Member Contributions

Enter the Actual Member Contributions over the period.

Actual Employer Contributions (including Insurance)

Enter the Employer Contributions including the costs of any insurances.

Actual DIS Insurance Contributions

Enter the amount of the employer’s Death in Service Insurance contributions.

Actual Ill-Health Insurance Contributions

Specify the Consolidation Output Filename.

Actual Pension Payments

Enter the actual Pension Payments over the inter-valuation period.

Actual Cash Benefits

Enter the actual cash payments over the inter-valuation period.

Actual Interest Earned

Enter the actual interest payments received by the scheme over the inter-valuation period.

Use QSM Settings

User can select the parameters that are suitable for Quick Scenario Modelling i.e. selecting this button will set ALM/LDI Interface to "Exclude Left Servce" and tick "Retain Category Splits in Database"

Run

Click the Run button to run the calculations.

SaveAs

Click the Save As button to save with a new file name.

Save

Clicking on the Save button allows you to save the entries.

Quit

Clicking on the Quit button allows you to exit without saving any of your changes.

In some of the screens you will be asked to confirm if you want to exit Ignoring all changes. If you click Yes, the file will be closed without saving any changes. If you click No you will be returned to your original screen.

From the Browser, the Quit button will take you to a graphical display of the results.