V9Migration: Increase

Migrated Assumptions

The Migration Wizard will show the structure of pointers and the value that will be created for each of the Global Variable i.e. Interest Rate, Revaluation Rates, Inflation Rate, Pension Increase Rate, Mortality Rates and Mortality Improvement Rates, Contribution Rates and New Entrants Tables.

Under each Parameter that will be created will be a list of all the categories and the field where this will used. The Parameter Setting will show the value, vector or yield curve name that this Global Parameter will have. At this point the pointer names can be amended, cloned or deleted via the Right Click Menu.

To amend the pointer name, click once slowly and a box will appear around the existing name. This can then be changed. Remember, the user should ensure all names and descriptions are generic i.e. Interest Rate 1 so that if the value of the assumption changes in future the pointer name is still valid.

To clone a pointer, right click once on the pointer you wish to clone. This can then be renamed. Any existing Global Variables that should be underneath this pointer can be moved using click and drag.

To delete a pointer, right click and select delete. This option is only available if there are no variable using this pointer.

At this stage the User should ensure that the pointers established are a true and accurate reflection of all the different possible assumptions required to value the scheme, in particular taking care to set up separate pointers for assumptions that by coincidence were the same at the previous valuation.

Back

Clicking on the Back button allows you to return to the previous screen.

Next

Click the Next button, once you are happy with the selections made, to move to the next screen.

Cancel

Clicking on the Cancel button allows you to return to the previous screen without saving any of your changes.