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Showing 1 - 10 of 133 results for %22Life Actuaries%22

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... performance test, they're more looking from a horizon of maybe eight to 10 years as opposed to a typical retired members' life over 30 to 40-years plus," he said. Chu, who spoke on the implications of APRA's performance test at the Actuaries ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... majority appear confident about spending their retirement money (80%). This is despite the reality that Australians' life expectancy lengthens. The Australian Bureau of Statistics estimates that men's life expectancy has reached 81.2 years for ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... to occur in 50-plus years when individuals have received the full legislated SG contribution rate for their entire working life," Dunn said. "At this point the scale of the system (assets as a proportion of GDP) will no longer grow unless there are material ...

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 ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... remember to plan for their physical and mental health needs and how they will maintain their sense of identity and purpose in life after full-time work. The Actuaries Institute concluded that Australia should fundamentally rethink its retirement ecosystem ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
Treasury is calling for feedback on the use of genetic testing in life insurance underwriting, citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers. The government's ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... income solutions to members at scale," it said. "As a global insurer, Allianz has the scale to deliver a guaranteed income for life addressing the biggest concern for Australian retirees living frugally in retirement due to fear of running out of money. ...

TelstraSuper revamps strategy team

ELIZABETH FRY  |  FRIDAY, 29 SEP 2023
... TelstraSuper has long provided members with financial advice and retirement products to help members reach their post-working life goals. But getting people into a retirement product that is right for them is a tough ask, given how varied membership ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... and research relationship manager is Robert Coulter, previously head of clients, APAC at Ignition Advice. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Robert brings over two decades of experience working with financial planners ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
Addressing the crowd at the International Congress of Actuaries 2023, Australian Retirement Trust (ART) strategist, asset and liability management Kathryn Spragg said the super system needs alternative measures to start looking at retirement products. ...
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