NZ Society of Actuaries

Winter Dinner - Auckland
2023-08-23 16:30 - 20:30 (Pacific/Auckland)
The Winter Dinner is back in 2023! This year, the dinner will coincide Actuaries Institute President Naomi Edwards’ visit.
Join us for this event, which will include a presentation from Naomi, followed by dinner. It will be a fantastic opportunity to catch up with industry peers, share insights and strengthen our professional bonds.
Tickets are $70 per person for all members and $85 per person for partners, which will cover dinner and your first drink. Additional drinks can be paid for separately at the restaurant.
If you wish to attend both the presentation and Dinner, please select both ticket options. If you wish to only attend one of the events, please select the appropriate ticket option.
Presentation: EY, Wednesday 23 August, 4:30 pm – 6 pm
Dinner: The Parlour, Wednesday 23 August, from 6:30 pm
Register here

Post Exam Results Drinks
2023-07-07 17:00 - 19:00 (Pacific/Auckland) | Auckland and Wellington
Congratulations on completing your recent examinations! We invite you to celebrate your achievements at our post exam results event.
This event will be a fantastic opportunity to unwind and connect with fellow students. Whether you’ve just started your journey or are nearing the completion of your actuarial studies, this event will serve as an enjoyable gathering to acknowledge your progress.
Please RSVP by Wednesday 5th July to confirm your attendance.

Auckland
Fantail and Turtle – Goodside, The Avenue, Smales Farm, Takapuna
Register here

Wellington
Bethel Woods – 73 The Terrace, Wellington
Register here
We look forward to celebrating your success and sharing a memorable evening together!

EY | Professional CPD Sessions
2023-07-03 15:00 - 17:30 (Pacific/Auckland)
EY is running sessions in Auckland and Wellington to watch and discuss the case studies in this year’s professionalism videos created by the Institute and Faculty of Actuaries. All members who want to use these sessions as part of their CPD are welcome to come along.
Both sessions are being held on Monday 3 July, 3pm to 5.30pm
Auckland Venue: EY Building, Level 9, 2 Takutai Square, Britomart, Auckland 1010
Wellington Venue: Level 2, 40 Bowen Street, Wellington 6011
Additional sessions will be held later in the year.
Register for these events here

NZSA Sessional - Modernising the NZSA
2023-05-22 16:30 - 17:30 (Pacific/Auckland)
The NZSA would like to invite you to a sessional to discuss Council’s proposed plan to modernise the NZSA. We are hosting two in-person events in both Auckland and Wellington to provide you an opportunity to have your say.
The proposed changes will be circulated to members prior to the first sessional. The proposal, if implemented, will have some significant impacts and will require a number of rule changes. This will be the first sessional as part of a wider consultation process, which will comprise sessional meetings and opportunities for written submissions.
There will be opportunity to refine a number of the elements proposed to ensure that what is implemented is how you would like the NZSA to move forward. We hope that these sessionals will be interactive and foster good discussion between members.
The final proposal needs to be supported by at least 75% of attendees at the AGM (or SGM) to implement any rule changes. Council’s aim is to have a finalised proposal ready for the AGM in November, however if there are still outstanding issues to resolve to create a workable proposal then we will take the necessary time to get it right.
We look forward to seeing you.
Scott and Lee-Ann
President and VP, NZSA

Auckland
Monday 22nd May 4.30pm – 5.30pm
Deloitte Centre, Level 18, Learning Centre 1, 80 Queen Street
Register here Wellington
Thursday 25th May 5.00pm – 6.00pm
Deloitte, Level 12, Totara/Kauri rooms, 20 Customhouse Quay
Register here
Virtual Session (for members not in Auckland or Wellington)
Thursday 25th May 5.00pm – 6.00pm
Zoom link can be found in the Eventbrite order confirmation
Register here
Please RSVP by 17th May to confirm your attendance.

IPSA Review Consultation Paper 4: NZSA Draft Submission Feedback
2023-02-02 12:00 - 13:30 (Pacific/Auckland) | Online via Zoom
The NZSA would like to invite you to a virtual sessional meeting via Zoom to provide feedback on the draft submission on the IPSA Review Consultation Paper 4 (Governance, Supervisory Processes and Disclosure) recently released by RBNZ.
The draft submission is being prepared by a working group on behalf of NZSA. The consultation looks at how IPSA regulates insurers’ governance and risk management, how supervisors assess and monitor significant transactions to ensure financial stability, and the ways in which RBNZ gathers data from insurers. The working group would encourage Members to attend the meeting and provide feedback on the draft submission. Members are also welcome to provide their views, prior to the meeting, by sending an email to: submissions@actuaries.org.nz by 5pm on 25th January.
Register here

RIIG Presentation How to make drawdown a success
2022-12-13 12:00 - 13:00 UTC | Online via Zoom
The Retirement Income Interest Group of the NZ Society of Actuaries (RIIG) has published a framework for how to think about drawing down income from KiwiSaver. A copy of the new paper can be found here.

The NZSA would like to invite you to a virtual sessional meeting via Zoom where the RIIG will present on this paper’s content and findings.

The paper sets the scene of drawdown in New Zealand today, explaining why it’s a difficult and risky problem, which no country has adequately solved. Then we describe a framework for identifying funds able to be drawn down using simple Rules of Thumb. We explain why that should be a flexible plan with reviews – not “set and forget” – because income needs for the whole of retirement will not be able to be foreseen. Finally, we look at policies to make drawdown a success.

RIIG agrees with the National Strategy for Financial Capability that agencies should work together to provide consistent content to demystify money. We see consistency as critical to avoid confusion for retirees trying to solve a complex question. We offer the framework in this paper, and the Rules of Thumb and presentations of key longevity data in RIIG’s earlier papers, as starting points for a consistent approach in how agencies guide retirees to think about how much to draw down from KiwiSaver.

The paper also makes a case for New Zealand Superannuation to be retained as a strong foundation for KiwiSaver drawdown, and for more information about longevity and drawdown options to be given on KiwiSaver statements.

NZSA | Christmas Lunch 2022 - Wellington
2022-12-08 12:00 - 14:00 UTC | Pravda Cafe and Grill, 107 Customhouse Quay, Wellington, New Zealand
Are you starting to have the holiday spirit? It’s that time of year again to eat, drink and be merry with the Society for Christmas lunch. Join us for a memorable Christmas lunch to celebrate this amazing season together.
Tickets are $45 per person for members and $20 per person for NZSA volunteers, which covers your 2-course meal and first drink over lunch. Any other drinks can be paid for separately at the restaurant.
NZSA volunteers include anyone who has been part of an NZSA committee or otherwise volunteered for the NZSA during the past 18 months. The event will be held at:

Wellington. Pravda Cafe and Grill Thursday 8 December, 12:00-2:00pm

Register here to attend
Registrations will close at 5pm on Friday 2 December, please register early to ensure your place.
Please reach out to Sarah Cullen (scullen@deloitte.co.nz) or Sabrina He (sahe@deloitte.co.nz) with any questions.
We look forward to seeing you there.

NZSA | Christmas Lunch 2022 - Auckland
2022-12-07 12:00 - 14:00 UTC | Everybody’s, 7 Fort Lane, Auckland, New Zealand
Are you starting to have the holiday spirit? It’s that time of year again to eat, drink and be merry with the Society for Christmas lunch. Join us for a memorable Christmas lunch to celebrate this amazing season together.
Tickets are $45 per person for members and $20 per person for NZSA volunteers, which covers your 2-course meal and first drink over lunch. Any other drinks can be paid for separately at the restaurant.
NZSA volunteers include anyone who has been part of an NZSA committee or otherwise volunteered for the NZSA during the past 18 months. The event will be held at:

Auckland. Everybody’s, Wednesday 7 December, 12:00-2:00pm

Register here to attend
Registrations will close at 5pm on Friday 2 December, please register early to ensure your place.
Please reach out to Sarah Cullen (scullen@deloitte.co.nz) or Sabrina He (sahe@deloitte.co.nz) with any questions.
We look forward to seeing you there.
