Updates – Enterprise Risk Management (ERM) Exam

January 2, 2020

Errata for Study Note ERM-420-20, Variable Annuity Volatility Management: An Era of Risk-Control:

In Exhibit 22 on page 26, the 5% and 5.5% labels are incorrectly switched.  The light blue bars should be a 5% withdrawal rate and the dark blue bars should be a 5.5% withdrawal rate.

December 10, 2019

Under the Reading Extension “General Corporate ERM” the following reading link has been corrected:
Integration of Risk Management into Strategic Planning.

December, 5, 2019

The following study note has been dropped under the Reading Extension “General Corporate ERM”: ERM-821-20 Understand Internal Controls.