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NAB Broker today announced a range of new initiatives to support its brokers in the delivery of advice to their clients – an approach the lender has heavily advocated.
In what it claims to be industry first, NAB Broker will provide its 4-star brokers with read-only access to real-time client information via internet banking, with their clients’ consent.
NAB Broker announced its star ratings in line with its new commission structure in May.
4-star brokers are those who have attained Certificate IV and have good portfolio performance with the highest level of application quality – measured as the ratio of settled loans to conditional approvals.
Matt Lawler, NAB Broker regional general manager, said; “The industry will continue to evolve towards advice-based business models to meet clients’ growing needs.”
“Our new offer will allow brokers to view comprehensive, real-time, client information online. Access to this level of data is what brokers need to be able to provide quality ongoing advice.”
NAB Broker will also offer all brokers a debt advice strategy guide which it has created to help brokers help their clients to better manage their money and leverage debt for wealth creation.
Published: 23-10-08
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