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Actuarial Fees

<p>Fees paid for an actuarial service. This is a specific cost area associated with running self-managed superannuation Funds.

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DEFINITION of '<b >Actuarial Service</b>' Method by which corporations determine, assess and plan for the financial impact of risk.&#160;<b >Actuaries</b>&#160;use mathematical and statistical models to evaluate risk in the insurance and finance industries.</p>