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Economic crime in financial services outpaces other industries. Increased spending on compliance fails to reduce economic crime.
Golden Age Index measures how well countries are harnessing the economic power of older workers.
The 2016 edition of the annual KPMG Insurance Survey revealed that insurers are attempting to overcome tough times by embracing disruptive innovation. The vast possibilities of insurance innovation are undeniable, though, what is making insurers reluctant is the uncertainty associated with spearheading a change of this magnitude.
Momentum, in collaboration with the University of South Africa (Unisa), released the South African Household Wealth Index for the 1st quarter of 2016 - which indicates that the value of households’ real net wealth increased during Q1 2016 despite contracting economic growth. The increase can be ascribed to a decline in the real value of household liabilities and an increase in the real value of household assets.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?