Making the most of the Data Revolution
This article about data revolution is the first of a three-part series, the later two focus on enabling a data-driven culture and the factors and techniques which can be implemented. Contact Adrian McGarva at adrianmcgarva@pfsconsulting.com.au or Lynton Norris at lyntonnorris@pfsconsulting.com.au to find out more. Many businesses, governments and other organisations have been experiencing a data revolution enabled by technological […]
How Should Aged Care be Funded?
The Aged Care Royal Commission is currently considering how aged care should be funded. During September 2020, Paul Keating put forward some interesting ideas about the role of the family home in financing aged care, which we think warrant further consideration. It has previously been suggested that the financial needs of the elderly, including aged […]
Principles of value attribution for Unit pricing and Crediting rates – Business as Usual and Compensation
A framework to guide assessment and implementation By Jules Gribble, Principal Introduction All investment products, superannuation and otherwise, require the attribution of value to investors. Generally, the changes in value to be attributed at specific points in time (daily, weekly, monthly, …) reflect changes in value of underlying assets. There are essentially two ways to […]
PFS Consulting appoints new Managing Director
PFS Consulting is pleased to announce the appointment of Adrian McGarva as its Managing Director and the move of John Newman to the role of Non-Executive Chair. Adrian is a Fellow of the Institute of Actuaries of Australia and has 25 years’ experience in Financial Services, over 10 years of which was in each of […]
Performance Bonuses: How Does Your CEO’s Bonus Experience Compare?
The issue of CEO bonuses is a perennial favourite of the financial press. This topic will again be a focus in a few months when reporting season begins and companies declare what their CEOs were paid in these unprecedented times. This report aims to give readers a broader perspective of this topic by using PFS’ […]
Risk Management Implications of Coronavirus (COVID-19) for Non-Executive Directors
PFS Principal Ian Laughlin is a member of a Working Group of the Actuaries Institute that has prepared this paper for the Institute’s Pandemic Resource Centre. It is aimed at assisting Non-Executive Directors, particularly in financial services, on the risk management implications of the COVID-19 pandemic. Contact Ian Laughlin at ianlaughlin@pfsconsulting.com.au to find out more. Pandemic Briefing […]
PFS Consulting can help the Health and Hospital Sector with the challenges it faces
Issues of service delivery, utilisation, funding, and strategy in the health and hospital sector are always challenging, even more so now as a result of COVID-19. PFS Consulting has the expertise and experience to help address these. Contact Lynton Norris at lyntonnorris@pfsconsulting.com.au to find out more.
Are Actuaries still relevant?
This paper summarises a recent paper co-authored by Jules Gribble. It considers how continuing professional education, a core component of maintaining professional currency and relevance, needs to be reassessed and revised to address professionals evolving needs in a rapidly changing world. The Actuaries’ Institute Council recently established a Continuing Professional Development (CPD) Committee to review […]
