As another batch of budding actuaries complete the Superannuation and Retirement Applications Fellowship subject, we unpack their experiences and find out how this subject will prepare them for future opportunities…
June is Pride Month, a time dedicated to recognising and celebrating the LGBTQIA+ community, and continuing to fight for equality. This Pride Month, the Diversity and Inclusion…
Addressing investment risk is a vital part of the design of post-retirement products. The question of how to measure it has been addressed by the Australian Government Actuary (AGA)…
The federal government recently released exposure draft (ED) legislation that will introduce a retirement income covenant for superannuation trustees. In brief, the ED requires trustees to formulate a strategy to assist beneficiaries to achieve and balance the objectives of maximising expected income over the period of retirement, manage expected risks to the sustainability and stability of retirement income over the period of retirement, and to have flexible access to expected funds over the period to retirement. This article sets out a specific proposal to achieve all three objectives.
Posted 8 September 2021
