Thanks Gerard for your valiant effort to explain.
If I (as the taxpayer's rep) am due 1% of the investment - in the parlance of this thread - I'm going to get the hump if I'm being short-changed by 99 cent!
Surely, it's not for the assurance company to decide what % of the 1% they are going to pay over!!?
With all their brain power, they may even be able to find a multiplier which brings the net 99% back to an even 100%.....
If I (as the taxpayer's rep) am due 1% of the investment - in the parlance of this thread - I'm going to get the hump if I'm being short-changed by 99 cent!
Surely, it's not for the assurance company to decide what % of the 1% they are going to pay over!!?
With all their brain power, they may even be able to find a multiplier which brings the net 99% back to an even 100%.....