Liability Driven Investment Explained

By Society of Actuaries · 2025 · CP351-106-25

A study note, CP351-106-25, supplied by the Society of Actuaries for CP 351 Asset Liability Management under the title "Liability Driven Investment Explained". The course strategy guide describes it as a document on liability driven investment with a pension plan focus, marked "For professional investors only" at the top of its title page, with a glossary beginning on page 39. The syllabus assigns its chapters 1-2 and 3-7 to different outcomes.

On the syllabus

Exam CP-351 — Chapters 3-7, which the course strategy guide says continue with a pension plan focus; outcome 3a; Chapters 1-2, which the course strategy guide says address options embedded in pension funds; outcome 1d.

Contents unavailable The SOA supplies this study note, and its syllabus states that study notes are not available electronically. No copy could be found online that matches the description of it in the course strategy guide, and no source names its author or original publisher or lists its chapter titles. This page records only the citation and assignment from the syllabus.

Sources

CP 351 Introductory Study Note, Nov 2026/Mar 2027/Jul 2027 (SOA) — the study-note code CP351-106-25 and its title; the author and publisher shown above are the SOA as the issuer of the study note, and the year is the one in the code
CP 351 Syllabus, Nov 2026/Mar 2027/Jul 2027 (SOA) — the chapters assigned to each learning outcome and the note that study notes are not available electronically
CP 351 Course Strategy Guide, Nov 2026/Mar 2027/Jul 2027 (SOA) — the description of the note: its pension plan focus, the "For professional investors only" mark on its title page and the glossary beginning on page 39