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Australia: Michael Rice named Actuary of the Year

Source: Asia Insurance Review | Nov 2017

Australia

The Actuaries Institute has named Mr Michael Rice 2017 Actuary of the Year in recognition of his ongoing dedication to his profession, the industry and the formation of good public policy across Australia’s superannuation and retirement sectors. 
 
   Mr Rice is CEO of Rice Warner, an independent consultancy and research house in financial services which he founded in 1987.
 
   He has led Rice Warner’s team making submissions to government on major reviews of Australia’s financial services, said the press release. These include submissions to the Henry Tax Review, Cooper Superannuation Review and Financial System Inquiry, along with submissions to Treasury, Senate Committees and the Productivity Commission.
 
   “He is an outspoken advocate for retirement policy, across Age Pensions and superannuation, and reform across Australia’s A$2.3 trillion (US$1.8 trillion) super sector when it’s needed,” said the President of the Actuaries Institute, Jenny Lyon. 
 
   “He has provided advice or research to virtually all financial institutions and major superannuation funds operating in the Australian wealth management industry, and has undertaken commissioned research for all the major industry bodies.” A 
 
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