The Special Needs of Financial Services Boards Was the misconduct in financial services enabled by directors who did not understand their businesses? This is the topic of a thought-provoking paper produced by PFS Principal Ian Laughlin and actuarial colleague Barry Rafe. Many recent reviews into the financial services industry have identified widespread and systemic misconduct. […]Read article
This is the final article in a three-part series, covering the factors required to successfully leverage data and analytics. Contact Adrian McGarva at firstname.lastname@example.org or Lynton Norris at email@example.com to find out more.”Read article
PFS Consulting would like to thank Principal Ian Laughlin and his team at the Actuaries Institute’s Disability Insurance Taskforce for all their great work in preparing this documentRead article
This article is the second of a three-part series, the focus on enabling a data-driven culture and the factors and techniques which can be implemented. Contact Adrian McGarva at firstname.lastname@example.org or Lynton Norris at email@example.com to find out more.Read article
PFS Consulting is pleased to announce that a new Principal has joined us – Jayesh Bhana.Read article
PFS would like to congratulate PFS Principal Dr Ian Pollard on being named a Member of the Order of Australia, in recognition of his significant service to business, to ethical standards, and to the community.Read article
This article 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 firstname.lastname@example.org or Lynton Norris at email@example.com to find out more.
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. Contact David Rush at firstname.lastname@example.org to find out more.Read article
Principles of value attribution for Unit pricing and Crediting rates – Business as Usual and Compensation
Unit prices and crediting rates: Are you sure they are correct?
All investment products use a unit price or a crediting rate approach to share value between investors. Errors occur. The principles in this paper support discussions of unit prices and crediting rates at all levels, staff, management and Board. This can enhance both the implementation and governance of equitable sharing value changes between investors. The principles apply when reviewing current systems and remediating errors.Read article