In case you missed it… brokers rate BDMs high, mortgage defaults low risk amid rising rates, NAB economist warns RBA “flying blind” on hikes, AMP fined $14 million for fee for no service… and more.
Revealed: What brokers really think of BDMs
The latest Broker Pulse survey has identified which banks were rated highest by brokers for their business development managers.
Mortgage defaults low risk, study reveals
A study has found that mortgage defaults ranked low in the pecking order, when it comes to financial hardship.
RBA ‘flying blind’ on rate hikes: NAB
A NAB economist has said the impacts of “aggressive” rate rises won’t be felt until next year.
Analysis: AMP’s $14m fine a reminder of fee-for-service woes
AMP’s latest fine of $14 million for fee for no service is another reminder of the nightmare mortgage broking dodged by retaining a commission model.
Momentum Markets expands financial services footprint
Momentum Markets, publisher of The Adviser on Wednesday (21 September) confirmed it has acquired leading financial media platforms Money Management and Super Review, plus all associated events, websites, and other assets, from UK-based FE fundinfo.
