Is there an alternative to drawing the minimum legislated rate in Account-Based Pensions? Rein van Rooyen discusses a new paper which investigates how alternatives may affect pensioner welfare.
The government-hosted National Resilience Taskforce focused on natural disasters concluded on 28 June 2019 and has delivered a framework and a knowledge hub to foster greater collaboration across sectors in reducing disaster risks. This article gives an overview of the deliverables and points out where actuaries can potentially be involved.
The International Accounting Standards Board (IASB) has made a series of tentative decisions to change eight areas of IFRS 17. Those amendments that are likely to be most relevant for Australian insurers are discussed below.
In the context of rising health costs (with growth rates of 5-6% per annum), APRA has reviewed 15 Private Health Insurers (PHI) on their resilience to Sustainability Challenges and found room for improvement.
Posted 28 May 2019
Posted 3 September 2018
Posted 8 August 2018