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Swift, agile and versatile, financial technology - or Fintech - is sweeping Africa and the rest of the world. Lagging far behind it in many countries and regions is the law and regulation around Fintech operations. While too much regulation could stifle innovation in this dynamic sector, too little - and too late - could be equally damaging to consumers and financial institutions.
South African alternative investments firm, Trustee Board Investments (TBI), has recently announced the addition of 2 company directors, expanding the board to eight seats. The move comes in light of TBI’s recent acquisition of Ora Fund Managers.
JSE-listed financial services group, PSG, has announced that Ian Daniell of PSG Uitenhage, located just outside of Port Elizabeth in the Eastern Cape, has been named the firm’s Wealth Adviser of the Year for 2016/2017. The accolade was awarded at the 19th annual PSG conference held in Sun City last week. This is the first time Daniell has won this award, despite many nominations.
PSG, a JSE-listed financial services group, has announced that Riana Wiese of PSG Meesterplan in Lynwood Park, Pretoria, has been named the firm’s Insure Adviser of the Year for 2016/2017, making this the eighth time she has won since joining the PSG network in 2003. The accolade was awarded at the 19th annual PSG Conference held in Sun City last week.
Are financial advisers ready for the combined impact of COFI and AI?