Prior to the early 1990s recession in Australia, many defined benefit super funds drew on the expertise of a fund actuary to enhance member outcomes. Has the time now come to reappoint fund actuaries?
How has the COVID-19 pandemic affected Australia’s cause-specific mortality so far in 2021? The Actuaries Institute’s COVID-19 Mortality Working Group has developed a statistical model to predict deaths across several major causes of death, against which actual deaths can be monitored.
The ongoing business disruption caused by COVID-19 has delayed the expected profit recovery for the Australian General Insurance industry, according to Finity’s annual state of the industry report, Optima.
A variety of factors, including COVID-19, disability-related stigma and discrimination, and a lack of knowledge of the employment-related support available, have contributed to NDIS participants struggling to attain work.
