Category: Actuarial Advice

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.  

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.

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.

Three reasons an actuarial consultant could be your strategic differentiator

Have you wondered what actuaries actually do? PFS Consulting’s John Newman explains how actuaries can help organisations navigate uncertainty and plan for the future.