Superannuation

New Developments in Longevity Risk Transfer Market

Macquarie University has released a report focused on measuring longevity basis risk in realistic scenarios as part of an ongoing research project sponsored by the Life and Longevity Markets Association (LLMA) and Institute and Faculty of Actuaries (IFoA). Here, Actuarial Professors at Macquarie Uni, Jackie Li and Leonie Tickle, explain their findings.

7 financial strategies for retirement

In this last installment of a four-part series, actuary John De Ravin shares some of his top tips from his recently released book on personal financial strategies.

8 financial strategies for your superannuation

In this third instalment of a four-part series, actuary John De Ravin shares some of his top tips from his recently released book on personal financial strategies.

Michael 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.

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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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.

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?

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.

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.

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.

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.

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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.

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