Africa-Press – South-Africa. PSG Financial Services is set to continue its strong performance when it releases results for the first half of its financial year on 16 October.
The financial services firm expects its headline earnings per share to rise by 19% to 22% and its earnings per share to jump 27% to 30% year-on-year.
This marks a strong start to the company’s new financial year, continuing its strong performance over the past decade.
Formerly known as PSG Konsult, the company was established in 1996 as a South African financial services provider as part of the PSG Group.
Apart from its historic investment in Capitec and the funding of Curro, PSG Group gradually built its financial services business into a behemoth with over R410 billion in assets in 2025.
While the PSG Group has been delisted from the JSE, PSG Financial Services remains and has outperformed the market since its listing in 2014.
The company has managed to grow its assets under management to R410 billion in just three decades, while its insurance and wealth management businesses continue to grow.
PSG’s performance has been particularly strong in the past decade, when the current CEO, Francois Gouws, began transforming the sprawling enterprise into a much more efficient business.
The company’s unique structure, where the centre takes most of the administrative burden of its advisors, has enabled it to grow rapidly and provide enhanced services to clients.
More recently, PSG has invested heavily in its insurance underwriting business, Western National, which focuses on commercial insurance.
Bought by PSG Financial Services in 2012, the company has gone from strength to strength, using PSG’s established adviser network and credibility to drive growth.
The company operates through a network of qualified insurance brokers, intermediaries, and carefully selected underwriting managers.
Having a flat management structure and a decentralised servicing model enables efficient service and quick decision-making, an exceptional advantage in the highly competitive short-term/non-life insurance market.
This business is expected to drive the future growth of PSG, with its wealth business’ growth expected to gradually slow over time.
The table below shows PSG Financial Services’ expected financial performance for the six months ending 31 August 2025.
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