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Showing 21 - 30 of 332 results for "Actuaries"

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members. In its Treasury submission, the Institute said the test should include ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... that approaching retirement, that could lead to a much better planned stage for life after full-time work," he told the Actuaries Institute's Retirement matters event. Citing a separate study, 81% of retirees believe health is the most important ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... clear, Mercer said, looking at administrators, custodians, insurers, investment managers and asset consultants, and actuaries and auditors. Having already reduced in line with industry consolidation and increased regulation, Mercer predicts the number ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation, the institute wrote that the Delivering ...

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... Playfair Asset Management, Deakin University's Investment Committee, and Allianz Retire+. He is a Fellow of the Actuaries Institute in Australia and the Society of Actuaries in the US. "Kevin brings extensive financial sector experience, both as ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... downfall, expected to amount to about $193 million. These complaints alone account for 85% of the total received and the actuaries calculating the levy estimate have assumed that all eligible complaints - some 1556 - will result in a payment. The next ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue paper, Retirement matters, explained that such a framework would include support regarding optimal retirement ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... participating in scientific research that gives them more information about their overall health." A 2017 paper from the Actuaries Institute found even a slight increase in the number of people undergoing genetic testing could have a significant impact ...

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... superannuation and retirement products. In the intervening years, she worked in senior roles that included leading the Actuaries Institute as chief executive and holding directorship positions at the Association of Superannuation Funds of Australia and ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... "Partnering with an established life company enables super funds to tap into the global expertise of Allianz's network of actuaries and product specialists to co-develop solutions for members who have delivered similar solutions in other more established ...