Ethics in Finance

Competitive advantage

• Actively contributing to regulatory reform in financial services
• Executive and non-executive level experience in industry
• Important contributions made to professional bodies and policy reform initiatives
• Expertise in a range of academic disciplines
• Ability to provide an insider’s view on four decades of corporate culture and change in South Africa and Australia
• Convenor of the Actuaries Institute Retirement Incomes Working Group
• Academic and practical experience in product design and financial advice

Impact

• Helping the actuarial profession fulfil its social role by using product design, professional guidance and regulatory change to create financial security and reduce corporate greed.

Successful applications

• Work on greed and ethics is directly relevant to cultural and regulatory change subsequent to the Royal Commission
• Work on retirement incomes is directly relevant to Superannuation Funds’ development of their Retirement Income Covenants

Capabilities and resources

• Product development, where benefits (and underlying investments) match the needs of the bereaved, the disabled and the elderly
• Professional education and regulation to support the development of judgement and justice
• Contributions to government policy