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“Never let a good crisis go to waste”, Rahm Emanuel said during the 2008 global financial crisis. This catchphrase has been reprised by many who remain optimistic despite the current challenges we find ourselves in.
The Actuarial Society of South Africa (ASSA) has released an updated version of its Covid-19 Model for the benefit of actuaries tasked with providing stakeholders with projections for planning purposes and formulating intervention strategies.
The strongest deterrent against FSP compliance missteps is or should be: