Actuarial Society of South Africa

Chaired by:
Richardt Hechter - ASSA Banking Committee & Discovery
He originates, quantifies and drives new opportunities for the group across five continents. He started his career in the banking space and continues to serve on both the International Actuarial Association's Banking Working Group and the Actuarial Society of South Africa's Banking Committee. Richardt was one of the first 15 to pass the actuarial banking fellowship. Richardt thrives on challenging himself and is passionate about tech, finance and banking.

Keynote Speakers:
Mark Brits - Executive Director Centre of Excellence in Financial Services, SGM The Banking Association South Africa
I have been fascinated by finance ever since I started work. In pursuit of my addiction I have worked in the insurance sector, the central bank, local and international banks, studied at university and participated in numerous courses. I have written, lectured and read about my passion. At the Banking Association I am able to immerse myself with international standard setters, policy makers, regulators and industry experts. Still there is more to learn.

Jolande Duvenage - Chief Imagineer (CEO): nav» and Head: FNB Innovators Programme FNB South Africa
nav» is a smart new tool designed to help customers manage their lives in a simpler smarter way. Think of it as a Financial GPS that puts you as a customer in the driver seat.

Speakers:
Dr Conrad Beyers - Modelling Systemic Risk and Banking Crises

Rajiv Singh - Systems and Technology for Actuaries in Banks

Michael Tichareva (Moderator); Nico van Staden; Matthew Walker; Gerrit van Eck - The implementation of IFRS 9: Challenges and lessons

Sandile Mbili - Professionalism & Ethics

Kudzai Chigiji (Moderator); Johan Maree; Ross Harris; Solomon Sikhosana; Dunny Semwayo; Mandla Hillie - Banking the Continent: Experiences of Expanding Banking Services Across the African Continent

Alan Quinn - Creative Thinking for Banking Collaboration

Closing:
Richardt Hechter

1. A view from May 2018:
Speaker: Ian Cruickshanks
Chair: Colin van Zyl

2. Our TCF Journey: the good, the bad and the ugly:
Speakers: Paul Truyens, Giles Waugh, Nina Le Riche, Johann Le Roux
Chair: Nicolaas Kruger

3. Product Innovation in Micro-insurance:
Speaker: Marc Tison (Zing)
Chair: Andrew Warren

4. Assured Lives mortality investigation:
Speakers: Leza Wells & Etienne Rossouw (CSI committee)
Chair: Andrew Warren

5. IFRS 17 – one year on:
Speakers: Renaldo De Gouveia, Michael Meerkotter, Tracy Lister, Jac Niemand
Chair: Andrew Warren

6. Future of Insurance:
Speaker: Peter Temple
Chair: Tracy Lister

7. Passing the buck: The admin system risk
Speakers: Mia Geringer, Lukas Ehlers (ASSA system and techology committee)
Chair: Tracy Lister

8. APN106:
Speakers: Simon Louw
Chair: Saneliswe Nkuta

9. Professionalism and Ethics:
Speakers: Sandile Mbili
Chair: Saneliswe Nkuta

Actuarial Society 2016 Convention held in Sandton 17 and 18 October 2017

This Pensions Conference will offer insights into a variety of topics that are of interest to practitioners in the retirement and savings area, given where the South African retirement and savings system finds itself at present. Items to be presented on and discussed will include an economist’s view on the state of the South African economy and the implications for savers and investors, a session that showcases international evidence on the determinants of savings, as well as a presentation on the development of savings programs which over the long term address the broader needs of South Africans. There are specialists presenting on the funding for life or death and the challenges of creating sustainable income for those retiring with insufficient assets, and appropriate default investment strategies pre- and post-retirement. The Pensions Funds Adjudicator will present cases that will be of interest to actuaries, and there is also a professionalism presentation covering professional skills for experienced members.

The presentation initially looks at the current state of the life insurance industry and how it fits into the broader savings pool in the SA economy.

ASSA ERM Seminar held at Glen Hove, Johannesburg 9th September