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FBAA introduces ‘industry first’ initiative

by Emma Ryan7 minute read
The Adviser

The FBAA has announced the launch of a new employee loan writer membership at a significantly discounted rate.

The new membership will see employees who write loans at broking companies holding a corporate FBAA membership given the opportunity to sign up as a corporate employee member for just $137.50 – a saving of more than $280 per year.

FBAA chief executive Peter White said the initiative is an industry first and will ensure that the industry body remains at the forefront of putting brokers and their businesses first.

“New members who sign up under the scheme are all entitled to the many benefits the FBAA offers, including access to leading marketing technology, free personal development courses, and of course being part of the industry’s leading association for brokers and direct lenders,” he said.

Mr White said brokers who do business with firms holding FBAA corporate membership are not entitled to the discount.

“This offer is only available to those who are fully tenured PAYG employees,” he said.

[Related: Brokers warned against offering unqualified advice]