2008 News

November 12, 2008

Category: Legal

A practical guide to assessing economic loss

A new publication, as presented at the Australian Lawyers Alliance Victorian Seminar "A Practical Guide to Assessing Economic Loss", is available here.

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October 7, 2008

Category: Legal

Updated life expectancies and $1pw factors

A new publication is available here. It provides life expectancies at 2009, based on ABS projected mortality rates, and the $1 per week factors for the life expectancies.

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September 30, 2008

Category: Miscellaneous

Richard Cumpston is retiring

Richard Cumpston, one of our founders, is retiring. Richard is completing a PhD on demographic projections, and will offer consulting services in that field. He will also continue to provide some consulting services to Cumpston Sarjeant. We all wish him success, and a very enjoyable future working life.

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September 16, 2008

Category: Miscellaneous

Cumpston Sarjeant is moving

We are excited to be moving to new larger offices. From September 23, we will be located at Level 13/160 Queen Street.

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September 2, 2008

Category: Legal

Cost of investment management factors

A new publication is available here. It provides tables of factors which may be used to approximate investment management costs under various scenarios.

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August 19, 2008

Category: Legal

Discount rates

Damages for future economic loss are awarded in the form of a lump sum rather than an income stream. An integral component of valuing these lump sums is the discount rate. This article summarises the statutory discount rates prescribed under Australian jurisdictions.

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August 8, 2008

Category: Modelling

Stochastic modelling and the AFL

Stochastic modelling forms a significant part of the actuarial work we perform for clients. This news article summarises a stochastic model designed to compete in our internal football tipping competition, and its findings for the 2008 AFL Home and Away season.

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June 3, 2008

Category: Superannuation

Superannuation news

Superannuation returns for 2007-08, changes to the superannuation guarantee obligation for employers, and ATO self-managed superannuation fund rulings.

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May 14, 2008

Category: Legal

Federal Budget 2008

The 2008 Federal Budget brings changes to income tax rates, the low income tax offset and the Medicare levy. We outline these changes, how they increase after-tax earnings, and how the changes affect our economic loss reports.

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May 1, 2008

Category: Legal

Revised method to value fund management costs

We have significantly revised our calculation methodology for investment management costs in order to incorporate the preferred statutory discount rate principle, itemise each component of service fees, and allow the inclusion or exclusion of "fees on fees".

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April 10, 2008

Category: Miscellaneous

Staff movements

We are pleased to announce that Monika Skaliotis is expecting a baby. She will be on maternity leave from April 24. We welcome George El Haber to Cumpston Sarjeant.

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