The Institute of Actuaries Australia will allow actuaries with associate level qualification to use the title of ‘actuary.’
This represents and reflects the widening scope of the work of an Actuary in Australia.
This change will take effect within 3 years.
"For 30 years there was no international ‘actuary’ standard for actuaries and nearly all who were qualified as fellows and allowed to use the title worked in the fields of life insurance and superannuation. The international standards of education and professional training have since evolved..."
source:moneymanagement.com.au
