Page 3 - Actuaries News Today

 The Actuaries Institute has called out key barriers that must be overcome as the focus of superannuation policy development moves more strongly to support Australians in their retirement.  In its

Many governments in developed countries have embraced actuaries’ skill-sets in solving complex economic systems.

At the 2023 Actuarial Society of SA Convention, a surprising turn occurred when Roseanne Harris, a health policy actuary, expressed...

Critiquing a new set of guidance around AI, aimed at actuaries

In the last five years, more than 6,000 A students have graduated only to come to a market that has low need for their skills

Talking about before. so, weve got to look at that because otherwise, its going to run out of money, and we cant, like, click our heels and hope that, you know, no place like home. >> mike pence, nikki haley said theyll only change social security for young people in their 20s and 30s today. >> that might be the case. you know, when you talk about changing the retirement age, you dont change the retirement age for somebody my age? right? im 60. so, im within eye shot of that. so, you dont change...

I am with an eye shot of that. so we dont change it for them. but you can do a lot of good by changing it for people at a younger age. and what i would like to do is sit down the actuaries and say that at each different age point we would change the retirement age, how much would save us? and look at, that have a real conversation about. , look if you have 20 or 30 years to plan for it, that should be enough. to get yourself ready. if you only have four or five years, thats not fair to do. so pu...

Wasnt this predictable, that there would be a shortage with so many people quitting or being fired? >> well, a crisis situation right now. the nursing staffing shortage is a massive line item for most hospitals. the cleveland clinic reported a 1.a 5 billion -- $1.5 billion loss, and part of that is in part they are hiring traveling nurses, short-term contract nurses, at twice or three times the rates of salary. so what theyre doing right now is theyre scrambling to fill these spots, the nursing ...

Dealmaker. youve never seen a problem that you havent tried to work out a bipartisan compromise to settle. you are right now leading a group of ten -- more than ten senators of both parties who have a plan to try to save social security. here you are calling out treasury secretary yellin about president biden, take a look. >> the president knows many people on social security -- >> then why doesnt the president care? >> he cares very deeply. >> then where is his plan? >> he stands ready to work ...

Pot. then in the last decade, chancellors, successive chancellors including george osborne, cut that limit and now it has reached the point where high—paid people like doctors are bumping up against it because their pension pots are worth more than £1 million, and the bma have been lobbying to raise this limit so that doctors are not faced with a choice where if i carry on working i am just bringing myself a tax charge. if you bus to the limit, you get a tax charge, another 55% on a lump sum,...