The Actuaries Institute has lamented the Government's failure to enact measures in the Federal Budget to encourage the take-up and development of annuities in Australia....
Superannuation funds need to do more to protect members from drops in the economic cycle, according to QSuper chief strategy officer Michael Pennisi....
ASFA and the Institute of Actuaries join forces to point out key flaw in class order relief on superannuation forecasts....
Facilitating the development of annuities could help deal with Australia's retirement funding challenges and should be a Budget priority, according to the Actuaries Insti...
Retirees’ superannuation funds could become a key source of funding for Government projects, a report form the Actuaries Institute suggests. ...
Actuaries Institute recommends new commission to decide on policy conflicts....
The Actuaries Institute’s Melinda Howes said Government need a principles-based approach to annuity reform however a number of challenges were making that task difficult....
Actuaries claim many Australian retirees are living too frugally and barriers impeding appropriate retirement products have to be removed....
The Government needs to look at increasing uptake of income stream products including bringing in default options for retirees moving into or already in drawdown phase....
APRA deputy chairman, Ian Laughlin, has identified the market power of industry funds and how it has influenced the group life market....
Insurance administration fees have not been included in draft proposals for the product dashboard, Australian Ethical said....
The group insurance industry may be at risk of the “winner’s curse”, where the winner of a group insurance tender is the company with the lowest best estimate....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...