The Actuaries Institute made a large contribution to public policy through research papers, submissions and engagement with policymakers in 2016. Head of Public Policy and Deputy CEO of the Actuaries Institute, Elayne Grace reflects on the highlights of 2016, and what's in store for 2017.
Posted on: February 23, 2017
The Actuaries Institute’s Pre-Budget Submission encourages timely Government action to introduce and promote Comprehensive Income Products for Retirement (CIPRs); facilitate the rationalisation of life insurance legacy products; and implement stronger risk mitigation measures to protect against the potential impacts of climate change.
Posted on: January 25, 2017
Actuary and Director of the National Disability Insurance Agency (NDIA), Jessica Twigg, reports on the current state of the NDIS and some important lessons gleaned from the trial period of the scheme.
Posted on: November 11, 2016
An Actuaries Institute event last week explored case studies of the physical risks from natural disasters, transition risks for investors as economies adapt to low carbon emissions, and governance risks for trustees and boards of directors.
Posted on: October 6, 2016
Jennifer Lang takes a dive into HSC stats and the numbers of students studying maths and sciences. What she finds is "a bit scary" for anyone looking for a future mathematically inclined workforce.
Posted on: September 22, 2016
Last month (Tuesday 30 August), the Actuaries Institute brought together an incredibly strong set of speakers from industry, regulators and academia to present their insights on the world of banking. Peter Sinkis reports.
Posted on: September 19, 2016
Institute President Lindsay Smartt shares some thoughts on the current review of the Appointed Actuary role.
Posted on: August 25, 2016
An understanding of basic neuroplasticity could help make our worker’s compensation claims systems less harmful and more sustainable. Rob Aurbach outlines his award-winning research paper.
Posted on: August 23, 2016
Health Actuary Ignatius Li discusses risks to the sustainability of Australia’s private health care system, ahead of the Institute’s inaugural Future of Health Seminar.
Posted on: June 1, 2016
With the date set for the Federal Election, Martin Mulcare is ramping up his campaign to run as an independent candidate in the safe Liberal seat of Bennelong. Here, he outlines his political motivations as Australia grapples with housing affordability, health and economic challenges a week on from the Budget.
Posted on: May 13, 2016
The Actuaries Institute welcomed the 2016-17 Federal Budget this week, citing policy changes designed to inject more equity and fairness into the retirement incomes system.
Posted on: May 5, 2016
On 29 February, around 40 members gathered at the Actuaries Institute for a Research Colloquia to discuss the objectives of the superannuation system. This is particularly timely given the release by the Government on 9 March of a discussion paper and consultation process on the “Objective of Superannuation”. Here, Andrew Boal summarises those discussions and some principles that emerged.
Posted on: April 12, 2016
Without doubt, it is the poorest people in the world who are most in need of the security that insurance brings. Queenie Chow discusses why the micro-insurance market has low penetration, and why actuaries are so well placed to assist.
Posted on: February 25, 2016
Actuarial skills have an important role to play in building a game-changing long-term evidence base in the social sector, writes Alan Greenfield.
Posted on: February 3, 2016
Actuary Helen McLeod will run against Josh Frydenberg in the next Federal Election in the blue-ribbon Liberal seat of Kooyong, Victoria. Here, Natalie Warren speaks to her about why she’s motivated to run for office (again) and why more actuaries should get involved in politics.
Posted on: January 19, 2016
Actuaries Digital outgoing Chief Editor, Sharanjit Paddam, reflects on his experience over the last two years.
Posted on: December 23, 2015
2015 has been an interesting, productive and engaging year in public policy. Elayne Grace reports on the increasing influence the Actuarial profession has on decision makers on a range of critical topics.
Posted on: December 21, 2015
Chief Editor Sharanjit Paddam reflects on the current political appetite for investing in innovation and the importance of bridging the "Valley of Death".
Posted on: November 30, 2015
Australian baby boomers are considered one of the richest cohorts in history, but they may not know it because most of their wealth is tied up in their family home. John McLenaghan reports on a push to unlock access to home equity to help fund retiree lifestyles.
Posted on: November 26, 2015
Alan Greenfield of Taylor Fry has been named the 2015 Actuary of the Year for his pioneering work in developing the ‘investment approach’ to social welfare.
Posted on: October 22, 2015