Actuaries Institute research shows equity gap growing between generations

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Falling rates of home ownership, government spending that skews to older Australians and deteriorating environmental factors are some of the factors that have driven a wider gap in equity between Australia’s young and old. The Actuaries Institute’s latest Green Paper, Mind the Gap – The Australian Actuaries Intergenerational Equity Index (AAIEI), launched yesterday, takes a

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More Australians to die from climate change; lower investment returns, and lower retirement savings likely

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Within the lifetime of Australia’s millennials, the occurrence of heatwaves will triple and they will be longer leading to increased deaths among the nation’s elderly, an Actuaries Institute Dialogue paper on the widespread impacts of climate change has found. The paper states that heatwaves, which have killed more Australians than any other natural hazard, will

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