Aon Corporation , the leading global provider of risk services and human capital consulting, announced its Aon Risk Services and Aon Benfield businesses have earned Innovation Awards from Business Insurance magazine . Recognised were two technology solutions: Aon Risk Services’ Aon Global Risk Insight Platform® and Aon Benfield’s FAConnectSM. “Aon’s businesses are united in innovation, [...]
Archive | Advice
RSS feed for this sectionInferior advice harms public and industry alike
Everyone realizes the importance of being innovative and vigorous to survive and grow in a competitive environment. The insurance industry is no exception. The way in which innovation is implemented, however, is justifiable only if it benefits the client. It is often asked whether insurance products can really be tailor-made without extra cost to the [...]
Collusion usually only detected when profits plunge
Beyond petty theft committed by employees, bigger cases of theft or fraud often result from collusion between several or more staff, usually assisted by outsiders. “And because it is so hard to detect, losses can run into the millions before it is discovered”, warns Brian Gillespie of Alexander Forbes Risk Services’ Knowledge Centre. In fact, in most cases collusion is [...]
Can South African’s afford to splurge in 2010?
With a number of luxury goods makers reporting better than expected sales during the last three months of 2009, it is clear that consumers continued to splurge on gifts over the festive season, despite the recession. Swiss luxury goods maker Compagnie Financiere Richemont recently reported a 2% rise sales for the quarter that includes Christmas, [...]
Are your employees ripping you off?
In tough times fraud committed by employees against their companies booms. While a basic fidelity guarantee is a good idea and a Commercial Crime policy an even better idea “the best defense against being ripped off by your employees is to remain alert to patters of behaviour which may point to fraud” advises Brian Gillespie [...]
SA life industry shows clean bill of health
South Africans bought life insurance products worth R62-billion in new premiums last year, only 5% less than was spent on new recurring and single premiums in 2008 when R65.5-billion was received. Reporting back on the 2009 sales statistics for the South African long-term insurance industry, Peter Dempsey, deputy CEO of the Association for Savings and [...]
Protection for the business owner
Without giving it too much thought, we have learnt to protect our assets such as motorcars and households, however we forget about protecting our most important asset – our ability to earn an income. If you were disabled for any length of time and consequently unable to earn an income, how would your day to [...]
Life industry gets go-ahead to standardise critical illness disclosure
South African life insurers have been given the go-ahead by the Financial Services Board as well as the Competition Commission to standardise their disclosure to consumers of when critical illness products will pay out. Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), says this is significant since standardised disclosure [...]
The plan comes first
Much as we love and prize flexibility and choice, there is no easy way to find and take the best risk product. Each decision a potential client is faced with needs to be analysed, data needs to be compared, and each potential product’s benefits and features need to be understood. Along with the flexibility and [...]
Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
