Intergenerational Equity Index explained

TRANSCRIPT: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=ca083199-983b-4524-a4e4-cc98eaf45552DESCRIPTION: Monday 17 August 2020 saw the launch of the Australian Actuaries Intergenerational Equity Index (AAIEI), commissioned by the Actuaries Institute and written by three Taylor Fry staff (Ramona Meyricke, Laura Dixie and Hugh Miller).The Green Paper, 'Mind the gap – The Australian Actuaries Intergenerational Equity Index', and the interactive index are both available at the Actuaries Institute webpage. They represent an important contribution to the debate about how to treat generations ‘fairly’ by examining structural factors that have been changing over time.The index itself tracks a wealth and wellbeing score of three distinct age groups over time, using over 20 indicators drawn from six domains (economic & fiscal, housing, health & disability, social, education and environment) with the overall absolute index results shown below.ABOUT THE ACTUARIES INSTITUTE:As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems.This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing.Find out more about actuarieshttps://www.actuaries.asn.auFollow the Institute of Actuaries on our social channels;LinkedIn: https://www.linkedin.com/company/792645/Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632Instagram: https://www.instagram.com/ActuariesInstTwitter: https://www.twitter.com/ActuariesInst