PFS welcomes new Principals and expands services
PFS Consulting (PFS) continues to expand its actuarial, risk and regulatory expertise and services to support new and existing clients. PFS, which was established in 2001, is pleased to welcome Sean Williamson and Vicki Mullen as Principals. They will offer clients an expansion of our existing services and a depth and breadth of industry knowledge […]
Congratulations to Ian Laughlin Awarded Actuaries Institute Gold Medal
I am delighted to announce that PFS Principal Ian Laughlin has been awarded the Actuaries Institute Gold Medal, in recognition of his outstanding contribution to the actuarial profession, business, the broader community, and government. Ian has had a stellar career to date. He has led businesses as a managing director and as a board member, […]
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. […]
The Factors Required to Successfully Leverage Data and Analytics
This is the final article in a three-part series, covering the factors required to successfully leverage data and analytics. Data can deliver significant benefits to organisations if managed properly and analysed effectively. Making decisions and acting based on data insights can help management and boards to set and execute proven strategies with strong conviction. That […]
Individual Disability Income Insurance (IDII) in Australia
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 document. The document will be of interest to anyone involved in the IDII ecosystem – consumer bodies, insurer management and boards, technical and professional specialists, regulators, government and […]
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. Why enable a data-driven culture? Over the last decade we have seen organisations collecting increasing amounts of data without unlocking […]
Jayesh Bhana appointed as a Principal of PFS Consulting
PFS Consulting is pleased to announce that a new Principal has joined us – Jayesh Bhana. Jayesh is an actuary with over 15 years’ professional experience both locally and abroad. He is a Fellow of the Institute of Actuaries of Australia and a Fellow of the Actuarial Society of South Africa. Jayesh has a BSc […]
Ian Pollard named a Member of the Order of Australia
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. Ian has made a great contribution over his very distinguished career, and we are proud to have him as a […]
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 […]
