With an evolving superannuation landscape, the time is right for superannuation trustee entities to use a more integrated risk-based capital management framework to enhance long-term member outcomes.
Rodney Lester gives an opinion on the pitfalls of overreliance on probability and risk models in insurance and how a greater appreciation of uncertainty can improve actuarial thinking.
Are funds managing the risks members face to their retirement outcomes or are funds instead managing their own business risks?
Brett Pickett is Head of Actuarial (Group Risk) at TAL and a member of the AASB 17 Insurance Taskforce. Here, Brett provides an update of the Taskforce's activities, including issues around risk adjustment and discount rates
Posted 12 January 2017
