Superannuation

Meeting Challenges in Insurance and Super

Nathan Bonarius reports on the recent “Meeting Challenges in Insurance and Super” concurrent session from this year’s Financial Services Forum.

Innovation: the key to maintaining relevance for global qualifications

With the globalisation of markets and standardisation of regulation, professional qualifications are coming under more scrutiny and being challenged on whether they remain relevant and continue to instil global best practices.

FSF ‘a must’ for Super professionals

Curator of the Superannuation program for the 2018 Financial Services Forum in Sydney next month gives us a taste of what industry leaders will be discussing at the Forum.

Volunteering for good – Q&A with the 2017 President’s Award recipient

Andrew Boal, Willis Towers Watson Regional Head of Australasia is one of the Institute’s longest serving volunteers. We asked what he’s learned after nine years as a Committee Convenor, and why he continues to serve as a volunteer.

New FSF format includes international guest speakers

The 2018 Financial Services Forum’s innovative format includes a focus on ‘big-picture’ plenary and keynote speakers.

New Developments in Longevity Risk Transfer Market

Macquarie University has released a report focused on measuring longevity basis risk in realistic scenarios as part of an ongoing research project sponsored by the Life and Longevity Markets Association (LLMA) and Institute and Faculty of Actuaries (IFoA). Here, Actuarial Professors at Macquarie Uni, Jackie Li and Leonie Tickle, explain their findings.

7 financial strategies for retirement

In this last installment of a four-part series, actuary John De Ravin shares some of his top tips from his recently released book on personal financial strategies.

8 financial strategies for your superannuation

In this third instalment of a four-part series, actuary John De Ravin shares some of his top tips from his recently released book on personal financial strategies.

Michael Rice urges peers to promote and protect brand ‘Actuary’

Michael Rice arrived at the Institute last week to accept the 2017 Actuary of the Year Award alongside an entourage of supporters from the firm he founded 30 years ago.

Comments:1

Financial advice research

Can actuaries develop a science of planning that will provide a basis for the art of giving advice? Here, John De Ravin from the Actuaries Institute’s Retirement Incomes Working Group (RIWG), details the findings of a survey of 65 financial planners from a range of different business environments, and subsequent interviews with dealer groups, to uncover the state of play in industry practice.

Michael Rice named 2017 Actuary of the Year

The Actuaries Institute today announced Michael Rice as Actuary of the Year for 2017. Michael is CEO of Rice Warner and well known as a fearless advocate for good public policy across Australia’s superannuation and retirement sectors.

The Politics of Superannuation

Stephen Huppert, Head of Product Innovation at Trustee Partners, reflects on government reforms and rhetoric surrounding Australia’s c.$2.3 trillion retirement savings sector.

Putting the '-annuation' back into Super

The Actuaries Institute is currently preparing a submission about Comprehensive Income Products for Retirement. Darren Wickham, from the Institute's Retirement Strategy Group, outlines the principles for the submission that have been agreed so far, following discussion with members.

Book Review: Keating’s & Kelty Super Legacy

Enock Chiyangwa gives a synopsis of the recently launched book by, Mary Easson, a former politician and respected executive in the superannuation industry.

The evolution of disability insurance within superannuation

Disability cover has received considerable media attention recently which has led to significant analysis and review from superannuation funds and their insurers (and reinsurers) on several key issues. Here, Senior Consultants at Rice Warner, Geoff McRae and Andrea McDonnell, outline the issues and the future of this evolving provision.

A History of British Actuarial Thought

Craig Turnbull, Investment Director at Standard Life Investments (UK), recently published the book 'A History of British Actuarial Thought'. In this book, Craig illustrates the development of the actuarial profession within each of the three key practice areas of life assurance, pensions and general insurance.

Practice Update videos now available

The Actuaries Institute has just released the first collection of Practice Update videos! See what each committee has been up to and also earn CPD points.

The Importance of Projections in Developing Retirement Strategies

The Actuaries Institute’s Superannuation Projections and Disclosure sub-committee designed a projection model to estimate the income that assets would support during retirement for a number of case studies.

Comments:2

The Objective of Superannuation - letters to the Editor

Geoff Dunsford writes in about the Actuaries Institute letter that provided feedback to the Government on its March Discussion paper on the Objective of Superannuation.

The Future of Financial Services – FSF 2016 Wrap Up

FSF2016 examined how disruptors will impact the financial services industry. It asked, how can actuaries reimagine their career in the future world? Where are the opportunities?

Also this month