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Proven to acquire interest in education savings plan firm


“We see this acquisition as complementary to our current financial services offerings, and an opportunity to widen our presence in the wealth management space throughout the Caribbean, said Johann Heaven, Head of Banking and Wealth at Proven.
Proven Investments Limited has announced an agreement with the parent company of Canada s largest Registered Education Savings Plan (RESP) firm to purchase 100 per cent interest in Heritage Education Funds International Inc. (Heritage). 
Proven on Thursday, said it entered into an agreement with Knowledge First Foundation, the parent company of Knowledge First Financial Inc.
Heritage specialises in administering and managing education savings plans (ESPs) for clients in the Bahamas, Bermuda, Jamaica, and the British Virgin Islands and has enrolled over 50,000 children in its plan since its inception in 1983, It oversees approximately US$150 million in assets under management.  ....

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JSE e-Campus positioned to deliver quality training during COVID


Chairman of the Jamaica Stock Exchange (JSE) e-Campus, Johann Heaven, says the institution is well-positioned to deliver quality tertiary training to persons across the region at a lower cost, particularly during the coronavirus (COVID-19) pandemic.
Speaking during the virtual launch of the e-Campus’ Caribbean Securities Trader Professional Certificate Programme on Monday, Heaven pointed out that in recent years, many tertiary institutions have been experiencing declines in on-campus student enrolment and there has been an increased uptake of online courses, which has heightened over the last year due to COVID-19.
He pointed out that with the traditional four-year college model “in flux”, institutions like the e-Campus “have the opportunity to shine with… short-term online degree programmes that are offered at considerably lower costs”. ....

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