Capital Requirements Sureplan at 30 June 2024
Following are the capital requirements for Sureplan at 30 June 2024 reported in compliance with Prudential Standard LPS 110.
Capital components of the Management Fund and all Benefit Funds ($’000s) aggregated are:
| Net Assets | Policy Liabilities | Surplus | Regulatory Adjustments | PCA | |
| Sureplan Family Fund | 45,962 | 45,962 | – | – | – |
| Sureplan Gold Fund | 107,875 | 107,875 | – | – | – |
| Sureplan Body Transportation Funeral Fund | 214 | 214 | – | – | – |
| Sureplan Management Fund | 5,779 | – | 5,779 | 591 | 623 |
| 159,830 | 154,051 | 5,779 | 591 | 623 | |
| Regulatory adjustments | 591 | ||||
| Common Equity Tier 1 Capital | 5,188 | ||||
| Tier 2 Capital | – | ||||
| Total Capital Base of Society | 5,188 | ||||
| PCA (Prescribed Capital Amount) | 623 | ||||
| Multiple | 8.33 |