Recent Blog Items:
Powerful Legal Tools:
NetActuary has commenced a major project, co-ordinated by Claire, to provide lawyers
with a suite of relevant, powerful calculators and automated reports.
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Welcome End to Legacy Pensions:
The release of the draft regulations to allow these legacy pensions, that are no longer fit for purpose
or the age the pensioners, is most welcome.
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Testator Family Maintenance Claims:
A more detailed actuarial quantification of financial needs can enhance the probability of a successful
outcome with Testator Family Maintenance Claims.
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No Fee Increase in 2024-25:
NetActuary is very pleased to announce another year in which there has been no fee increase to our usual
actuarial and computational support services for lawyers in Family Law, Personal Injury and Testamentary matters.
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National Redress Scheme:
As an alternative to a civil claim for childhood sexual abuse, this blog item details the option of a National
Redress Scheme claim. It details some of the advantages and limitations of this course of action.
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Historical Child Abuse Claims:
The removal of Statute of Limitation on childhood sexual abuse claims is causing a sharp
rise in the number of these claims. This blog item comments up the why this area is esoteric.
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Welcome Claire and 2023-24:
We are delighted to welcome Claire, a fully qualified lawyer, to the staff at NetActuary.
Also to help clients fight inflation, all our main reports have no fee increase for 2023-24.
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Actuaries Institute Australia - 125 Years Young:
The Institute of Actuaries of Australi celebrates this month
the experiences, moments and milestones that shaped the profession over the past 125 years and created the Institute we know today.
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Military Super Invalidity Pensions:
Besides reporting recent Court case developments
with Military Super invalidity pensions, this blog comments upon the issues
from a Family Law and an actuarial perspective.
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ECPI Comparative Analysis Example 1:
This blog shows the results from an ECPI comparative analysis
where the driving factors are some contributions and an usual special BHP share
distribution. No capital gains or losses are involved.
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Super Accrued During Relationship:
Simplying deducting the Family Law value of a superannuation entitlement
at the start of the relationship from the current value gives a wrong estimate
of what accrued during the relationship.
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Age Pension Increased Thresholds:
The new Age Pension thresholds that apply from
1st July 2022 have been announced.
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Beyond ECPI Deemed Segregation Comparisons:
Trustees will be well aware that this financial year they will
need to make a choice between two different ECPI calculation methods if deemed
segregation applies. This article looks at other aspects that will also need to be considered,
especially income and expense allocation and deductions.
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Australian Family Law and UK Pensions:
This article considers how to include UK pension entitlements
in the matrimonial property pool of assets for Australian Family Law financial settlements.
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Should Actuarial Morality Assumptions Be Modified:
Covid 19 deaths in Australia do not current show a need to
modify morality assumptions used in various tasks we undertake for lawyers,
accountants and financial planners.
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Fox -V- Wood Claims
With workers compensation lump sum awards, NetActuary can assist
with a Fox versus Wood type taxation difference claim. If relevant it is included as standard in the exconomic loss report.
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No 2021-22 Fee Increase:
NetActuary will not be increasing any of its fees for
the 2021/22 financial year! Rather, we will use a combination of service focus
and increased productivity to create a win-win of profitability and modest fees.
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