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 […]
PFS Consulting appoints new Managing Director
PFS Consulting is pleased to announce the appointment of Adrian McGarva as its Managing Director and the move of John Newman to the role of Non-Executive Chair. Adrian is a Fellow of the Institute of Actuaries of Australia and has 25 years’ experience in Financial Services, over 10 years of which was in each of […]
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’ […]
Risk Management Implications of Coronavirus (COVID-19) for Non-Executive Directors
PFS Principal Ian Laughlin is a member of a Working Group of the Actuaries Institute that has prepared this paper for the Institute’s Pandemic Resource Centre. It is aimed at assisting Non-Executive Directors, particularly in financial services, on the risk management implications of the COVID-19 pandemic. Contact Ian Laughlin at ianlaughlin@pfsconsulting.com.au to find out more. Pandemic Briefing […]
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.
Insurance and the Royal Commission
Insurance was the last sector to come under scrutiny by the Royal Commission. Ineffective regulation, aggressive sales tactics and difficult claims processes were just some of the issues uncovered. Coupled with the proposed Protecting Your Super Package Bill 2018, these findings will have far-reaching consequences for insurance within superannuation. What do the findings of the Royal […]
The Royal Commission: Questions to ask in financial services
The interim report of the Royal Commission into Financial Services (released on September 28) was certainly damning. It paints the picture of a financial services industry focussed on the pursuit of short-term profit at the expense of basic standards of honesty. Of course, not all Australia’s financial services institutions have been guilty of such poor […]
