How to benefit from an actuarial perspective
The actuarial ‘package’ is powerful, flexible, and broad based. It can add value in unique ways, in both established and new contexts. The breadth of actuarial training, together with its depth in key areas, provides a strong base, and the flexibility to transfer established skills into new situations or areas. Read full article
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 […]
Performance Bonuses: How Does Your CEO’s Bonus Experience Compare?
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. This report aims to give readers a broader perspective of this topic by using PFS’ […]
Three reasons an actuarial consultant could be your strategic differentiator
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. Actuaries do this using financial math, statistics, and educated judgement to evaluate […]
Insurance going stale: to renew or time to review?
PFS Consulting bring our years of expertise working in and alongside brokers and insurers to review your insurance program and make it more efficient.
How to manage your cyber risk
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. This is significantly above the global average of 60 per cent. However, the introduction of the Notifiable Data Breaches (NDB) scheme, as […]
Governance in the digital age – is your board ready?
Upgrading your organisation’s digital infrastructure was once a way to stand out from the crowd. Now, it’s a necessity in order to avoid missing out on the forecasted US $1.16 trillion increase in the Asia-Pacific region’s GDP by 2021 that widespread digital transformation will contribute (according to Microsoft & IDC Asia Pacific research). Digital business […]