News

Banks quitting reverse mortgages ‘spells opportunity’ for brokers

The major banks’ withdrawal from the reverse mortgage market “spells opportunity” for brokers, the FBAA’s managing director has s...

December 16, 2018 7

The financial services sector should continue prioritising face-to-face human interaction when assisting clients, despite the growth of a...

October 30, 2018 0

Financial services entities should assess the ethical frameworks underpinning their governance models, the Governance Institute has recom...

October 30, 2018 0

Commission clawbacks should be removed if regulators decide to ban trail commission, the CEO of a major brokerage has said. ...

October 29, 2018 35

Mortgage brokers are well placed to help the upcoming “surge” of first home buyers make “better decisions” on mortgage commitment...

October 29, 2018 4

Lending volumes are in a “holding pattern”, with first home buyers the only borrower segment to report a rise over the first quarter ...

October 29, 2018 0

Australian Unity has established a national third-party sales team and adopted technology to better service the broker market. ...

October 29, 2018 1

An ASIC officer has begun monitoring the Commonwealth Bank’s governance and compliance processes, with the regulator commencing its gov...

October 28, 2018 2

Home loan delinquencies fell in August but are 23 basis points higher than the monthly average, according to Standard & Poor’s....

October 28, 2018 0

The mortgage broking franchise is currently on the search for its first chief digital officer following a leadership review. ...

October 28, 2018 0

Another large bank has announced that it will be changing broker remuneration “in line with Sedgwick recommendations” from next year....

October 25, 2018 19

A non-major lender has updated its lender policy, now requiring brokers to provide “all credit-critical information” prior to submi...

October 25, 2018 8

Anyone planning to submit a response to the financial services royal commission’s interim report must do so by 5pm today. ...

October 25, 2018 0

Westpac Group has announced that it will introduce new changes to the way brokers are remunerated as part of a move to “enhance transpa...

October 25, 2018 41

A major mortgage brokerage has announced that it has appointed a new chief executive officer to help roll out the company’s self-fundin...

October 24, 2018 4

more from the adviser

13 December 2018 Brokerage CEO reveals ‘the most important thing a broker does’

Problem-solving and offering transparency and education around mo...

13 December 2018 Bank CEO urges RC to consider ACCC findings

The CEO of a non-major bank has called on the financial services ...

13 December 2018 FBAA welcomes ASIC reduction of fees

The Finance Brokers Association of Australia has welcomed the ne...

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