NO FEE INCREASE 2025/26
Happy New Financial Year! NetActuary is very pleased to announce that,
for yet another year, there are no increases in our service fees! This is made possible by
productivity gains in calculators and templates, together with a sharply increased volume of
tasks. Thank you very much for your support. It creates a win-win situation.
In each of the practice areas where we provide computational support,
NetActuary is going to enhance the less usual requests. For Family Law this includes proper
evaluations of how much superannuation accrued during the relationship. To simply take the
start value from the end value is wrong. In Tort Law, it includes support for childhood abuse
damages claims calculations. We have AWE, Tax, Levy, CPI and Superannuation Data for more than
50 years. The reports tend to have a loss calculation to average AWE; a sensitivity analysis
for a better career and results expressed in current dollar values. While the latter is a lot
less than having interest applied, it partially overcomes the inequity of historical dollar
values where the weekly wage could have been as low as $150! In the Testamentary Law area, our
Family Provision claim calculations can take Age Pension entitlements into account. This is
complex because the asset and income test requires each year’s differing entitlement to be projected.
We have been delighted with how a specialisation on simply actuarial
and computational support for lawyers has turned out. It is very satisfying to be a useful
support to firms with regard to matters that deeply impact a client.
Please npte that our telephone number has changes to (03) 62348890.
I hope once the current spike in work is under control to update the web site to include even
more useful items. As these blog items are only produced at irregular intervals, I invite you
to subscribe to receive them directly.