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Showing 1 - 10 of 98 results for "Actuaries Institute"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... Australia (ASFA) says the gap is larger, with their numbers indicating women retire with 23% less than men. The Actuaries Institute points out that while the median gap hovers around 20%, many women are retiring with 40% less super than men. Stewart ...

Melinda Howes bids farewell to BT

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... products from 1993 to 2004. Between 2004 and 2014 Howes held several roles, including as chief executive of the Actuaries Institute, director of product strategy and services at AMP and director of policy and industry practices for the Association of ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
A new paper from the Actuaries Institute discusses the key skills and experience board directors for financial services companies should have going forward, including an argument that the chair should always be a former chief executive. Former Actuaries ...

Actuary of the Year named

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
The Actuaries Institute named the principal at Sydney-based actuarial consultancy Taylor Fry as the 2021 Actuary of the Year for his work on social issues. Hugh Miller focuses on using data and complex analysis to improve public policy outcomes including ...

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... disclose SRM [usually CPI plus a percentage] to members, which is regarded as a short-term risk measure. The Actuaries Institute has been working on an LTRM to help members understand the risk of not meeting their long-term goals of at-retirement outcomes. ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

Maths an unpopular subject with high schoolers

KANIKA SOOD  |  MONDAY, 26 JUL 2021
Only 30% of Australian year 12 students study maths at intermediate or high levels, according to the Actuaries Institute. It found a quarter of them are not studying any maths at all. About 7% of female students and 12% of male students study advanced ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... to this insurance," she said. It is just one of many criticisms that have been levelled at the reforms. The Actuaries Institute warned there are fundamental problems with the proposed regulations, including the test that deals with underperformance. ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
The Actuaries Institute has released sweeping recommendations to help fix the individual disability income insurance (IDII) sector that is currently at "risk of failure". The final recommendations follow a 12 month-review, led by an appointed Actuaries ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... narrowed after a seven-year widening streak but the improved fortunes of the young may be short-lived, says the Actuaries Institute. Calling it "a year like no other", Actuaries Institute's Intergenerational Equity Index says younger Australians will ...
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