Cleaning Administration Data
If you are setting up a valuation for the first time for that Scheme for testing purposes, you may not want to override the data at first. If there are any members who do not require an override then you can set up the valuation to run and then check that particular member’s liability to spot any high level issues with the set up.
If you want full liability results for all members then the admin data must be supplemented with actuarial override data where required. Once the Scheme is live on Mantle, the overrides will have already been inputted and results can be relied upon where the basis has been set up correctly.