PSG Konsult lures advisers to handle fretful clients, attract fund flow
PSG Konsult is battle-ready when challenges in the local economy and investment markets hit, allowing it to devote time to fretful clients and attract fund flows to its business, according to CEO Francois Gouws. "Clients have needed advice more than ever. When you really need an adviser is when you are uncertain about the future. We were able to spend time in our wealth and insurance business helping clients, which underpinned the flows," Gouws said on Thursday. He was speaking after the release of a set of strong interim results from the financial services group, which owns a wealth, asset management and insurance business. The group had restructured its business, settling debt and selling business units so that it was "solid heading into what has effectively become a storm". PSG Konsult has benefited from increasingly onerous regulation of independent financial advisers, which has led many independent advisers to seek homes at established financial services firms. Over the past fo...
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