The Actuaries Institute has identified key areas and recommendations from Hayne’s final report that should be considered by actuaries working across general insurance, life insurance, superannuation, risk and banking.
A Panel Discussion, opened by former HIH Royal Commissioner the Hon Neville Owen, on the current Financial Services Royal Commission, shared some personal, philosophical and sobering wisdom on the workings and outcomes of Royal Commissions.
In the context of the misconduct found by the Financial Services Royal Commission (FSRC): “Do you think that it is important to find ways of reducing excessive CEO power and remuneration?”
The issue of consumer trust has attracted significant attention in the financial services industry in the last year or two. Here, Estelle Pearson offers her view on why this evolved to be the case and gives a glimpse into how the role of actuaries may potentially need to adapt to help foster trust again in the general insurance industry.
Posted 11 October 2018
Posted 15 October 2014
