Timing and quantifying rules - Life insurance rules - Transitional adjustments and annuities
EY 43B: Policyholder income formula: FDR adjustment
You could also call this:
“Outdated rule about policyholder income and FDR adjustments no longer applies”
You don’t need to worry about this part of the law anymore. It used to be about something called ‘Policyholder income formula: FDR adjustment’, but it was removed on 1 July 2010. This means it’s no longer part of the current rules. If you’re interested in learning about policyholder income or FDR adjustments, you might want to look at other parts of the Income Tax Act 2007 that are still in effect.
