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Retirement adequacy for traditional, male and female couples

  • On 17/10/2017
Most married Australians share a common bank account but only a minority share a common superannuation fund.  The exception is the SMSF sector where more than 80% of funds have been set up for married couples.  Rice Warner believes Joint Superannuation Accounts for married couples make sense and we have promoted the idea for many […]
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How much choice is too much choice?

  • On 05/10/2017
The 21st century has seen a significant push toward consumer convenience.  Gone are the days where employers were required to mail a handwritten cheque to contribute to their employees’ super.  Today, technology allows us to communicate electronically in many ways and to give an ever-increasing amount of choice – of fund, of insurance and of […]
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2017 Actuary of the Year – Michael Rice

  • On 27/09/2017
The Actuaries Institute is delighted to announce that Michael Rice has been named Actuary of the Year 2017. Michael is CEO of Rice Warner, an independent consultancy and research house in financial services, that he founded in 1987. It now employs close to 70 people. Michael is a leader within the industry, and well known […]
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Insurance Code – a win for members, but check the fine print

  • On 27/09/2017
Last week, the Insurance in Superannuation Working Group (ISWG) released a Draft Code of Practice for Insurance in Superannuation which is intended to be binding on all APRA Approved Superannuation Funds.   This Code is a positive step for the industry which has suffered much condemnation over recent years. It addresses a wide range of concerns, […]
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Benchmarking the industry – investment performance

  • On 21/09/2017
Submissions to the Productivity Commission’s (Commission) issues paper for the third stage of its enquiry ‘Assessing Competitiveness and Efficiency’ closed in August 2017 and the Commission is now starting the process of measuring the industry against the stated efficiency metrics, produced in its first-round report. The Commission’s brief was extended by the Minister on 30 […]
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