Banking
The view from a start-up perspective: Is competition broken? How can it be fixed?
Insurtech, fintech and disruptor are the new buzz words. Ask John Connor a few years ago what these words meant and he would have pictured a mix of bohemian tech-savvy hipsters in a trendy office, a place not for the traditional actuary. He was wrong, there are many actuaries working in fintech and insurtech start-ups.
Posted on: October 18, 2018
APRA Chairman Wayne Byres' speech on professionalism in financial services
APRA Chairman Wayne Byres' speech "Good banking, by good bankers" is an important call to financial services professionals to heed the lessons of the Royal Commission and improve the professionalism in the industry.
Posted on: October 11, 2018
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Members are aware that Royal Commissioner Hayne has delivered an interim report of findings on September 28. This report does not cover insurance or superannuation matters which will be included in the final report, scheduled for release on 1 February 2019.
Posted on: October 11, 2018
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.
Posted on: September 11, 2018
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.
Posted on: August 21, 2018
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.
Posted on: July 20, 2018
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.
Posted on: July 19, 2018
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.
Posted on: July 2, 2018
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.
Posted on: June 28, 2018
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.
Posted on: June 28, 2018
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.
Posted on: May 4, 2018
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.
Posted on: April 5, 2018
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.
Posted on: March 20, 2018
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.
Posted on: March 12, 2018
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.
Posted on: March 9, 2018
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.
Posted on: March 8, 2018
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'.
Posted on: February 28, 2018
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.
Posted on: November 14, 2017
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.
Posted on: August 16, 2017
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.
Posted on: August 3, 2017
