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Data (how to ensure good quality data e.g. from proposal and claim forms…
Data
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a list of data checks
reconciliation
total number of members/policies and changes in membership/policies using previous data and movement data
the total benefit amounts and premiums and changes in them, using previous data and movement data
shareholdings at the start and end of period, adjusted for sales and purchases, and bonus issues
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reasonablesness
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checking for unusual values, impossible dates or missing records
spot checks
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carrying out a full deed audit for certain assets, e.g. property title deeds
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