Long Service Leave Valuation
Long Service Leave (LSL) is a unique entitlement in Australia and New Zealand, rewarding employees for long-term service and loyalty. While the concept is simple, valuing LSL liabilities is complex.
Long Service Leave (LSL) is a unique entitlement in Australia and New Zealand, rewarding employees for long-term service and loyalty. While the concept is simple, valuing LSL liabilities is complex.
The Privacy and Other Legislation Amendment Act 2024 (the Amendment Act) was passed on 29 November 2024 and received Royal Assent on 10 December 2024,
The actuarial ‘package’ is powerful, flexible, and broad based. It can add value in unique ways, in both established and new contexts.
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.
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.
A common question about our profession is “…and what is it that actuaries actually do?”.
In a nutshell, actuarial consultants analyse the financial implications of future risk and uncertainty, assess the potential costs and potential returns, and advise on the best path forward.
PFS Consulting bring our years of expertise working in and alongside brokers and insurers to review your insurance program and make it more efficient.
Australian organisations have traditionally been a little behind their global counterparts in the uptake of cybersecurity measures, with CIO magazine reporting that 85 per cent of Australian businesses have suffered a data breach.