Anthony Asher

Adjunct Associate Professor

Anthony is an actuary who believes that the actuarial profession fulfils its social role by creating financial security for people. He has attempted in his career to contribute to this at different times by:

  • Developing products that more closely meet people's needs for it, which he has been able to do in life insurance companies, as a trustee of a retirement fund and as an consulting actuary
  • Focusing the role of the actuarial profession on it, by university teaching and research
  • Contributing to government policy that affects it by research and through participation in actuarial profession and government committees

His current research is focused on the development of appropriate retirement income products, including product design, investment, regulation and personal financial advice. He also writes on the application of virtue ethics in the financial sector. He is currently Convenor of the Actuaries Institute Retirement Income Working Group.

Journal articles
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Bruhn A; Asher A, 2021, 'The primacy of ethics in the provision of financial advice', Accounting and Finance, vol. 61, pp. 3305 - 3327, http://dx.doi.org/10.1111/acfi.12703
2021
Asher A; Wilcox T, 2021, 'Virtue and Risk Culture in Finance', Journal of Business Ethics, http://dx.doi.org/10.1007/s10551-021-04815-2
2021
Taylor S; Asher A; Tarr J-A, 2017, 'Accountability in Regulatory Reform: Australia’s Superannuation Industry Paradox', Federal Law Review, vol. 45, pp. 257 - 289, https://flr.law.anu.edu.au/flr/article/accountability-regulatory-reform-australias-superannuation-industry-paradox
2017
Kenny DT; Asher A, 2017, 'Gender differences in mortality and morbidity patterns in popular musicians across the lifespan', Medical Problems of Performing Artists, vol. 32, pp. 13 - 19, http://dx.doi.org/10.21091/mppa.2017.1004
2017
Asher A; Meyricke R; Thorp S; Wu S, 2017, 'Age pensioner decumulation: Responses to incentives, uncertainty and family need', Australian Journal of Management, vol. forthcoming, pp. 583 - 607, http://dx.doi.org/10.1177/0312896216682577
2017
Asher A, 2017, 'Explicitly incorporating virtues into actuarial education', Annals of Actuarial Science, vol. 11, pp. 253 - 285, http://dx.doi.org/10.1017/s1748499516000245
2017
Asher A, 2016, 'The justice of Australian tax and redistribution in 2016', St Mark's Review: a journal of Christian thought and opinion, pp. 28 - 43, http://search.informit.com.au/documentSummary;dn=193576382627037;res=IELAPA
2016
Kenny DT; Asher A, 2016, 'Life expectancy and cause of death in popular musicians: Is the popular musician lifestyle the road to ruin?', Medical Problems of Performing Artists, vol. 31, pp. 37 - 44, http://dx.doi.org/10.21091/mppa.2016.1007
2016
Taylor SM; Tarr J; Asher A, 2016, 'Australia’s flawed Regulatory Impact Statement (RIS) process', Australian Business Law Review, vol. 44, pp. 361 - 376, http://sites.thomsonreuters.com.au/journals/files/2016/10/Checkpoint-ABLR-Vol-44-No-5-Contents.pdf
2016
Asher A, 2015, 'Retirement incomes–issues and next steps', Australian Journal of Actuarial Practice, pp. 93 - 97, https://www.actuaries.asn.au/Library/AJAP/2015/AJAPVol3.pdf
2015
Earl JK; Gerrans P; Asher A; Woodside J, 2015, 'Financial literacy, financial judgement, and retirement self-efficacy of older trustees of self-managed superannuation funds', Australian Journal of Management, vol. 40, pp. 435 - 458, http://dx.doi.org/10.1177/0312896215572155
2015
Asher A, 2014, 'Factors behind the administrative fees of private pension systems: an international analysis*', JOURNAL OF PENSION ECONOMICS & FINANCE, vol. 13, pp. 113 - 116, http://dx.doi.org/10.1017/S1474747213000243
2014
Asher A, 2014, 'Redistribution and capital market impacts of social security retirement systems: principles and scope for actuarial involvement', The Australian Journal of Actuarial Practice, vol. 2, pp. 13 - 20, http://actuaries.asn.au/Library/AJAP/2014/AJAPVolume2.pdf
2014
Asher A, 2011, 'Salary Linked Home Finance: Reducing interest rate, inflation and idiosyncratic salary risks', Australian Actuarial Journal, vol. 17, pp. 117 - 148, http://www.actuaries.asn.au/Library/AAJ/2012/AAJ_Vol17_iss1_web.pdf
2011
Asher A, 2011, 'Equity in Retirement: Are All Australians Getting a Fair Deal?', Economic and Labour Relations Review, vol. 22, pp. 65 - 84, http://dx.doi.org/10.1177/103530461102200305
2011
Conference Papers
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Asher A, 2019, 'Greed: an interdisciplinary mind-map', Sydney, presented at Actuaries Institute summit, Sydney, 03 June 2019, https://actuaries.logicaldoc.cloud/download-ticket?ticketId=cfd8815e-a5a4-40c3-be33-df98fdc462f6
2019
Asher A; Wilcox T, 2018, 'Virtue Ethics, Risk and Finance', Chicago, USA, presented at Society for Business Ethics, Chicago, USA, 10 August 2018 - 12 August 2018
2018
Asher A; De Ravin J, 2018, 'The Age Pension Means Tests: Contorting Australian Retirement', Sydney, presented at Actuaries Institute Financial Services Forum, Sydney, 21 May 2018 - 22 May 2018, https://www.actuaries.asn.au/Library/Events/FSF/2018/TheAgePensionMeansTestsPaper.pdf
2018
Asher A; Roberts S; Khemka G, 2017, 'Enhancing Wellbeing in Retirement: Addressing Negative Shocks', in Enhancing Wellbeing in Retirement: Addressing Negative Shocks, 25th Annual Colloquium of Superannuation Researchers, Sydney, pp. 1 - 31, presented at 25th Annual Colloquium of Superannuation Researchers, Sydney, 06 July 2017 - 07 July 2017
2017
Asher A, 2016, 'Lifecycle planning: towards a better financial calculator.', in Lifecycle planning: towards a better financial calculator., 24th Annual Colloquium of Superannuation Researchers,, Sydney, pp. 1 - 20, presented at 24th Annual Colloquium of Superannuation Researchers,, Sydney, 04 July 2016 - 05 July 2016
2016
Asher A; Butt A; Khemka G; Kayande U, 2015, 'Formulating appropriate utility functions and personal financial plans', in On website, IAA Colloquium: PBSS, LIFE and IACA, OSLO, Norway, presented at IAA Colloquium: PBSS, LIFE and IACA, OSLO, Norway, 08 June 2015 - 10 June 2015, http://www.actuaries.org/oslo2015/papers/PBSS-Asher.pdf
2015
Asher A; Wilcox T, 2015, 'Virtue and risk culture in finance', in On webpage, IAA Colloquium, Sydney, presented at IAA Colloquium, Sydney, 23 August 2015 - 27 August 2015, http://www.actuaries.asn.au/Library/Events/ASTINAFIRERMColloquium/2015/AsherWilcoxVirtuePaper.pdf
2015
Taylor S; Asher A; Tarr J, 2015, 'Sharpening Regulation in the Australian Superannuation Industry to Ensure Compatibility of Public and Private Objectives', Melbourne, presented at 7th Conference on Financial Markets and Corporate Governance, Melbourne, 15 March 2015 - 16 March 2015, http://eprints.qut.edu.au/101807/
2015
Asher A; and other members of the retirement incomes working group , 2013, 'Post retirement funding in Australia', in Traverso, L (ed.), Post retirement funding in Australia, Actuaries Summit, sydney, presented at Actuaries Summit, sydney, 20 May 2013 - 21 May 2013
2013
Asher A; Taylor S, 2013, 'Regulatory Capture and Overload in the Australian Superannuation Industry over the Last Decade: Trustees’ Views and a Cost/Benefit Analysis', sydney, presented at 21st Annual Colloquium of Superannuation Researchers, sydney, 09 July 2013 - 10 July 2013
2013
Asher A, 2013, 'The fundamental balancing mechanisms of retirement systems: principles for actuarial involvement', presented at International Actuarial Association Colloquium & Summer School, 24 June 2013 - 26 June 2013
2013
Reports
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Asher A; Rajadurai E, 2018, Investing Superannuation for the Public Good: Creating new markets to benefit members & fund necessary investments, The McKell Institute, Sydney, https://mckellinstitute.org.au/app/uploads/FINAL_Superannuation_2018_WEB.pdf
2018
Asher A, 2018, Submission to Productivity Commission: Draft Report: Superannuation: Assessing Efficiency and Competitiveness (May 2018), https://www.pc.gov.au/__data/assets/pdf_file/0010/197983/sub009-superannuation-competitiveness-efficiency.pdf
2018
Asher A, 2018, Submission to Financial Services Royal Commission, Interim Report, https://financialservices.royalcommission.gov.au/Submissions/Documents/interim-report-submissions/POL.9100.0001.1031.pdf
2018
Asher A, 2018, Submission to Financial Services Royal Commission, Module 5, https://financialservices.royalcommission.gov.au/Submissions/Documents/round-5/POL.9000.0001.0619.pdf
2018
Asher A, 2017, Submission to Department of Social Services Discussion Paper: Social security means testing of retirement streams., https://engage.dss.gov.au/wp-content/uploads/2017/03/Discussion-Paper-response-20170206.pdf
2017
Working Papers
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Asher A; Butt A; Kayande U; Khemka G, 2015, Formulating appropriate utility functions and personal financial plans, http://dx.doi.orghttp://www.actuaries.org/oslo2015/papers/PBSS-Asher.pdf
2015
asher A; Wu S; meyricke R; Thorp S, 2014, Age Pensioner Profiles: A Longitudinal Study of Income, Assets and Decumulation, 2015/17, http://dx.doi.org, http://www.cepar.edu.au/media/154967/age_pensioner_profiles_a_longitudinal_study_of_income__assets_and_decumulation.pdf
2014
Asher A, 2014, Developing a Harvesting Plan: Optimising Retirement Spending in the Face of Economic, Social and Personal Risk, http://dx.doi.orghttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=2415057
2014
Asher A; Earle JK; Gerrans P; Asher A, 2013, Investigating the Influence of Cognitive Decline on the Quality of Financial Decision-Making in Older Adults: The Case of Self-Managed Superannuation Funds, SSRN Working papers, http://dx.doi.orghttp://ssrn.com/abstract=2261105
2013
Asher A, 2013, Developing Actuarial Judgement, http://dx.doi.org, http://ssrn.com/abstract=2202611
2013
Asher A, 2012, The lifetime harvesting plan: smoothed annuities with sharing of mortality, and averaging of investment risks, http://dx.doi.orghttps://www.actuaries.asn.au/Library/Events/FSF/2012/FSF2012PaperAnthonyAsher.pdf
2012
Asher A, 2006, Means Tests: an evaluation of the justice of imposing high rates of clawback on those of modest means, http://dx.doi.orghttps://actuaries.asn.au/Library/fsf06_paper_asher_means%20tests.pdf
2006
Books
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Asher A, 2015, Working Ethically in Finance: Clarifying Our Vocation, Business Expert Press, New York, http://www.businessexpertpress.com/books/working-ethically-finance-clarifying-our-vocation
2015
Other
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Asher A, 2015, Retirement incomes – issues and next steps, Institute of Actuaries of Australia, http://www.actuaries.asn.au/Library/AJAP/2015/AJAPVol3.pdf
2015
Asher A, 2014, Pension Finance: Putting the Risks and Costs of Defined Benefit Plans Back Under Your Control. M. Barton Waring . Wiley Finance, 2011, ISBN 978-1-118-10636-5, 298 pages., Cambridge University Press (CUP), http://dx.doi.org/10.1017/s1474747213000243
2014
Asher A, 2013, Beyond Our Means: Why America Spends While the World Saves, CAMBRIDGE UNIV PRESS, http://dx.doi.org/10.1017/S1474747213000115
2013
Asher A, 2013, Book review: "Beyond Our Means: Why America Spends While the World Saves." Sheldon Garon, Princeton University Press
2013
Asher A, 2012, Book Review: “The Decline of the Traditional Pension: A Comparative Study of Threats to Retirement Security”, by George A. (Sandy) Mackenzie, Cambridge Univ Press, http://dx.doi.org/10.1017/S1474747211000576
2012
Book Chapters
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Asher A, 2013, 'The Financial Management of Life Insurance (Revised)', in The Financial Management of Life Insurance (Revised), Thomson Lawbooks, http://www.thomsonreuters.com.au/browse/law-books/
2013
Asher A, 2011, 'Financial Management of Life Insurers', in Cleary P; Drummond S; Norris L (ed.), WICKENS The Law of Life Insurance in Australia, edn. 6th, Thomson Reuters (Professional) Australia, Sydney, pp. 11A-1 - 11A 306
2011
Conference Presentations
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Asher A, 2012, 'Developing Actuarial Judgement', presented at 5th Australasian Actuarial Education and Research Symposium 2012, Melbourne, 06 December 2012
2012
Asher A, 2012, 'The lifetime harvesting plan: smoothed annuities with sharing of mortality, and averaging of investment', presented at Actuaries Institute Financial Services Forum, Melbourne, 30 April 2012, http://www.actuaries.asn.au/Library/Events/FSF/2012/FSF2012PaperAnthonyAsher.pdf
2012

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