Why is the ECPI calculation is incorrect when there are two Fund Policies for one Financial Year?
By design, Class will use the last Fund Policy to calculate ECPI. There is no need to separate the segregation period manually in Class, as Class can identify this period and make sure, during the deemed segregation period, income will be treated correctly.
Refer to ECPI and Actuarial Certificate changes from 1 July for further details.
Navigate to the Fund level > Settings > Fund Defaults
- Delete the second Fund Policy for a financial year
- Edit 1 July fund policy with the Actuarial Percentage
- Reprocess the period update. (only the last period update if there are multiple period updates)