Description: In an earlier article in the February 2004 edition of International News, some topical issues and the background to the Australian actuarial profession were discussed. This article provides an update on the current “state of play.” Therefore, the focus is mostly on topical issues, as much of the background already provided remains relevant.

Description: This article discusses the actuarial profession in Australia including the Institute of Actuaries of Australia. Also discussed are the financial services industry in Australia and the regulatory environment.