The purpose of insurance. History & development of insurance in Australia. The operation & statutory requirements of Insurance companies and the role of the actuary. The products offered and their uses in society and financial planning. Some basic actuarial concepts will be introduced as well as the taxation and investment aspects of the various insurance products. The pricing of some basic insurance products will also covered. The history of the superannuation industry in Australia and current practice. The various types of superannuation schemes available, including Public sector, corporate and industry funds, Master trusts and self managed superannuation funds. Their taxation &... -- Course Website
