Superannuation
Rice urges peers to promote and protect brand ‘Actuary’
Michael Rice arrived at the Institute last week to accept the 2017 Actuary of the Year Award alongside an entourage of supporters from the firm he founded 30 years ago.
Posted on: October 19, 2017
Financial advice research
Can actuaries develop a science of planning that will provide a basis for the art of giving advice? Here, John De Ravin from the Actuaries Institute’s Retirement Incomes Working Group (RIWG), details the findings of a survey of 65 financial planners from a range of different business environments, and subsequent interviews with dealer groups, to uncover the state of play in industry practice.
Posted on: October 11, 2017
Michael Rice named 2017 Actuary of the Year
The Actuaries Institute today announced Michael Rice as Actuary of the Year for 2017. Michael is CEO of Rice Warner and well known as a fearless advocate for good public policy across Australia’s superannuation and retirement sectors.
Posted on: September 27, 2017
The Politics of Superannuation
Stephen Huppert, Head of Product Innovation at Trustee Partners, reflects on government reforms and rhetoric surrounding Australia’s c.$2.3 trillion retirement savings sector.
Posted on: August 16, 2017
Putting the '-annuation' back into Super
The Actuaries Institute is currently preparing a submission about Comprehensive Income Products for Retirement. Darren Wickham, from the Institute's Retirement Strategy Group, outlines the principles for the submission that have been agreed so far, following discussion with members.
Posted on: May 29, 2017
Book Review: Keating’s & Kelty Super Legacy
Enock Chiyangwa gives a synopsis of the recently launched book by, Mary Easson, a former politician and respected executive in the superannuation industry.
Posted on: May 18, 2017
The evolution of disability insurance within superannuation
Disability cover has received considerable media attention recently which has led to significant analysis and review from superannuation funds and their insurers (and reinsurers) on several key issues. Here, Senior Consultants at Rice Warner, Geoff McRae and Andrea McDonnell, outline the issues and the future of this evolving provision.
Posted on: January 31, 2017
A History of British Actuarial Thought
Craig Turnbull, Investment Director at Standard Life Investments (UK), recently published the book 'A History of British Actuarial Thought'. In this book, Craig illustrates the development of the actuarial profession within each of the three key practice areas of life assurance, pensions and general insurance.
Posted on: January 19, 2017
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.
Posted on: December 22, 2016
The Importance of Projections in Developing Retirement Strategies
The Actuaries Institute’s Superannuation Projections and Disclosure sub-committee designed a projection model to estimate the income that assets would support during retirement for a number of case studies.
Posted on: September 28, 2016
The Objective of Superannuation - letters to the Editor
Geoff Dunsford writes in about the Actuaries Institute letter that provided feedback to the Government on its March Discussion paper on the Objective of Superannuation.
Posted on: August 24, 2016
The Future of Financial Services – FSF 2016 Wrap Up
FSF2016 examined how disruptors will impact the financial services industry. It asked, how can actuaries reimagine their career in the future world? Where are the opportunities?
Posted on: May 27, 2016
Budget injects fairness into retirement incomes system
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
Deciding the objectives of the super system
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
Unlocking wealth in the family home
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
Income for (longer) life - Knox takes a bow
[VIDEO]: David Knox gives his view on this week's Government response to the Financial System Inquiry and outlines the industry-first retirement product that won him the inaugural BTIM Retirement Innovation Award.
Posted on: October 22, 2015
NBA article slam-dunks 'most read’ list
What do Uber, Alan Joyce and Algo-advisors have in common? They all feature in the Top 10 most popular articles on Actuaries Digital since its launch.
Posted on: September 17, 2015
Murray highlights value of actuaries’ rigour
David Murray gave a sound nod to the rigour and value of actuarial work as he launched the Institute's Retirement Incomes White Paper 'For Richer, For Poorer' in Sydney on Wednesday 2 September.
Posted on: September 4, 2015
Actuary speaks on depression, FSI and a Super Industry "Cold War"
VIDEO: Finity Consulting Principal Geoff Atkins on his experience with depression, contributing to the Murray Inquiry (FSI) and a Super Industry "Cold War".
Posted on: June 11, 2015
Budget 2015 does little to quell age pension uncertainty
Hopes that the Federal Budget would present a comprehensive package to stabilise Australia’s pension system were not met. Michael Rice was in Canberra on Budget night, and filed this report.
Posted on: May 13, 2015
