Banking

The HIH Royal Commission: Lessons for today - Actuaries Podcast

From "excitedly finding 'smoking guns' in emails" to getting "requests for interviews from 4-Corners within 24 hrs", Estelle Pearson and Tony Coleman share their unique insights into the HIH Royal Commission, drawing lessons for today.

International CPD opportunities

There are over 30 committees, subcommittees, task forces, and working groups of the International Actuarial Association. These groups all commission, create and share content that may be relevant to Actuaries Institute members. Links to some of the content discussed at the recent meetings in Berlin, Germany are provided below.

Climate Change Blog - July 2018

Welcome to the first instalment of the Climate Change Blog, an article series that aims to cover news and events related to climate change and relevant to actuaries and the industries they advise. This month’s edition summarises news relating to transition risk.

Fast five with Fintechs - PFS Consulting

In this instalment of 'Fast five with Fintechs', we ask Adrian McGarva about his experience setting up a uniquely structured fund and providing advice to tech-based start ups and more mature companies via PFS Consulting.

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Blockchain - Considerations for Policymakers and the Actuarial Profession

“Blockchain” is probably one of the biggest buzzwords in 2018. However, it has been estimated that currently less than 0.5% of the world population is involved in this space, leaving a huge knowledge gap for this emerging technology. In this article, Zeming Yu aims to bridge this knowledge gap. He then highlights some considerations for policymakers and the actuarial profession.

Fast five with Fintechs  - an introduction

Elayne Grace outlines a new Actuaries Digital series where we spend five minutes with Australian Fintech and Insurtech companies, asking about their products and start-up journeys so far.

Fast five with Fintechs - Plenty Wealth

Greg Einfeld, Director at Plenty Wealth outlines his journey in fintech and where he sees his business, and the broader fintech landscape heading.

Cryptocurrency: The regulatory struggle of new age financial technology

Justin Diamond looks at rise and fall and rise of Bitcoin, and what is needed to ensure future viability of cryptocurrencies that are by nature, decentralised and untraceable.

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.

Five things we learned networking in London

The London Australian Actuaries Network reports on its December mission to combine networking with one of the great institutions of British culture – pints at a pub.

Using analytics to improve marketing - ADMA Data Day

Aaron Cutter and Luke Cassar share their impressions of the 2018 ADMA Data Day, including how marketing is getting more personal due to smarter analytics.

Social Risks for financial institutions - The Dialogue Podcast

The next instalment of the Dialogue Podcast series explores why conventional risk management may be failing Australia's financial institutions, which have been subjected to tougher regulations, and now a Royal Commission.

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2018 Agenda – Key themes for financial services players

Chief Editor Angat Sandhu's first Editorial focuses on key themes at play in our industry, from regulatory paradigm shift, to heightened customer expectations, and finding efficiency though technology and data analytics.

Climate Risk Disclosure - The Dialogue Podcast

In this first episode of the Dialogue Podcast series, Andrew Doughman questions Sharanjit Paddam, Principal at Deloitte, on his Dialogue thought leadership paper 'Climate Risk Disclosure, Financial Institutions Feel the Heat'.

IAA Banking Working Group & ASSA Seminar, Chicago

Institute President Jenny Lyon reports on the International Association of Actuaries Conference in Chicago that included a seminar initiated by the Actuarial Society of South Africa, titled ‘The Actuary in Banking’. Australia was specifically invited given our work in developing a Part III banking subject.

Financial Advice Innovation – Considerations for Australian players

Future financial advice models that marry the best of technology and human intervention require considered thought and a disciplined approach to development. Here, Angat Sandhu outlines the experience and varied success of robo-advice and face-to-face propositions, and presents some key considerations for players in the Australian market.

Stress Testing – Confluence of the Actuaries and Economists Viewpoints

How can actuaries and quantitative professionals involved with stress testing help their organisations derive more value from the practice? Sen Nagarajan and Michael Thomas give us an overview of their 2017 Actuaries Summit presentation on stress testing.

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“There’s a BEAR in there” – The new financial services regime in Australia

Mark Baxter looks at the potential consequences of recently announced, significant extension to APRA’s powers relating to senior banking executives - will the Banking Executive’s Accountability Regime be a teddy BEAR or a grizzly BEAR?

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.

Blockchain in Insurance

Dimitri Semenovich outlines some of the foundational concepts of blockchain technology, ahead of his upcoming presentation on the subject at the 2016 GI Seminar.

Also this month