PFS Consulting

Articles

The Special Needs of Financial Services Boards

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. […]

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Enabling a Data-Driven Culture

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 adrianmcgarva@pfsconsulting.com.au or Lynton Norris at lyntonnorris@pfsconsulting.com.au to find out more.

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Making the most of the Data Revolution

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 adrianmcgarva@pfsconsulting.com.au or Lynton Norris at lyntonnorris@pfsconsulting.com.au to find out more.

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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. Contact David Rush at davidrush@pfsconsulting.com.au to find out more.  

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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.

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