Actuaries call for new risk framework to prevent future crises

While many of the indicators are already available, the report argues for a more holistic approach to monitoring these risks. Trevor Thompson, president of the Institute of Actuaries of

Australia, said the report had wide-reaching implications for regulators globally as they consider measures to strengthen the financial system. “While

Australia’s banking system has proven its robustness, we are clearly not insulated from global events,” he said.

 

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The AI boom has left super funds with nowhere to run

Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.

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