Following its press release regarding Immediate Matrix on 19 December 2023 (link to press release), the Financial Sector Conduct Authority (FSCA) has informed the public that it is currently investigating potential breaches of financial laws by Banxso (Pty) Ltd (Banxso). Banxso is recognised as a Category I financial services provider ...
Read More
The Prudential Authority has granted Old Mutual initial approval to launch a bank, subject to certain conditions. A Fin24 report says Old Mutual plans to call its new lender OM Bank, which completed its infrastructure and digital platform build at the end of last year. ‘We are extremely pleased to ...
Read More
The Financial Sector Conduct Authority (FSCA) has established new procedures and requirements for licensing benchmark administrators, under the Financial Sector Regulation Act 9 of 2017. This development, detailed in a recent notice by Deputy Commissioner Katherine Gibson, outlines the structured approach for applications, effective from the date of publication in ...
Read More
By Lee Rossini
Identifying and focussing on certain niche markets offers opportunities for financial advisers willing to delve deeper into specialised segments. But what are niche markets, and what role can they play in a financial advice business? At its core, a niche market refers to a subset of a larger market with its own distinct needs, preferences, and demands. These markets are often characterised by their specificity, catering to a particular demographic, industry, or interest group. While mainstream markets target broader audiences, niche markets focus on serving a more specialised clientele.
Subscribers are reminded that they can now complete their monthly CPD quizzes and claim CPD hours. For more on accessing the CPD quizzes, please click on the CPD FAQs button on the top bar of the screen.
