You are here: Configuration > Funds > Fund Configuration Overview

 

Fund Configuration Overview

Fund configuration will vary depending on the type of fund and the allocation structure.

 

High Level Steps to Configure Funds

  1. Configure the individual funds. Funds are created using the Funds editor in the Admin Explorer tab. Open Admin Explorer | Administration | Funds to view the existing funds by company.
  2. Configure the FundScreen business rule. This business rule is where extra fields are configured for business specific data that must be stored at the fund level, child fund level, lateral fund level or benefit fund level.
  3. Configure the rates for funds. This information tells OIPA how to calculate interest and where to look for variable fund values.
  4. Configure the allocation structures for the funds. These structures define how money is applied to each fund.
  5. Configure Benefit Split for Variable Annuity payouts.

 

Copyright © 2009, 2015, Oracle and/or its affiliates. All rights reserved. Legal Notices