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: Professional advice is provision of an unbiased opinion by a person with training and experience that ensures that the advice is in line with current knowledge.

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.

Description: Professionalism focuses on “how” actuarial activities are done. It is entrenched in the values of the profession and its members.