The Form 4 Actuarial Information Summary in Nova Scotia, Canada is used to provide a summary of actuarial information related to a specific insurance contract or policy. It helps ensure transparency and understanding of the policy's financial aspects.
The form 4 Actuarial Information Summary in Nova Scotia, Canada is typically filed by the appointed actuary of a pension plan.
Q: What is a Form 4 Actuarial Information Summary?
A: Form 4 Actuarial Information Summary is a document that provides a summary of actuarial information related to a pension plan in Nova Scotia, Canada.
Q: What does the Form 4 Actuarial Information Summary include?
A: The Form 4 Actuarial Information Summary includes information about the funding of the pension plan, the plan's liabilities and assets, and the plan's financial condition.
Q: Who creates the Form 4 Actuarial Information Summary?
A: The Form 4 Actuarial Information Summary is created by an actuary, who is a professional trained in assessing and managing financial risks.
Q: Why is the Form 4 Actuarial Information Summary important?
A: The Form 4 Actuarial Information Summary is important because it provides transparency and accountability regarding the financial state of a pension plan, ensuring that plan members and stakeholders are informed.