The Actuaries Institute has made its second submission to the Financial System Inquiry. One key aspect of the submission is a call for the Government to consider establishing an independent agency similar to the NZ Commission for Financial Literacy and Retirement Income. The Institute’s submission also notes that it is working with the FSI Secretariat to “formulate a paper, separate to this submission, that is examining options for the development of retirement income products to manage longevity, inflation, and investment risks.” Click here to read the full submission.
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IOOF appoints new Head of Adviser standards
IOOF appoints new Head of Adviser standards, Client Care and Retention.
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