Powered by MOMENTUM MEDIA
the adviser logo

Broking industry asked to take survey on value proposition

by Reporter3 minute read

question mark  question mark

Brokers, aggregators and those affiliated with the broker channel are being asked to respond to a survey that aims to demonstrate the value proposition of the third-party channel.

The Mortgage Broking Industry Group is spearheading the project. This group consists of representatives from AFG, Astute, Aussie, Choice, Connective, FAST, FBAA, Loan Market, MFAA, Mortgage Choice, NMB, PLAN and Smartline.

The aim of the project is to create a snapshot of the driving factors that have led to the continuing growth in the number of consumers using a finance broker and its contribution to the Australian economy.

“The importance of this project is reflected in the fact that both mortgage industry associations and a group of aggregators have worked closely together to address these views with fresh research,” said Joe Sirianni, chairman of the Project Steering Committee and director of Smartline Home Loans.

Advertisement
Advertisement

“The survey is being coordinated by the Mortgage Broking Industry Group (MBIG) and has commissioned Deloitte Access Economics to conduct the research so that all findings are independently evaluated.

“We, as an industry, can see the positive impact that brokers are delivering for consumers. This investment will allow us to present all interested parties with reliable data supporting the value of the mortgage broking industry.”

To ensure that the research has widespread collaboration, the MBIG is calling on brokers, broker businesses and aggregators to provide feedback through an online survey. The findings from this industry survey, combined with ongoing consumer research, is expected to deliver a solid base of valuable data.

Mr Sirianni said: “We have identified that there is a need for up-to-date evidence explaining the growth in the use of brokers. The industry can support the impending report by taking the time to fill out the survey and adding value to this important initiative nationally.

“Brokers often ask how they can do more to support the industry, so the MBIG hopes brokers will give the time to assist in this important report. The survey will be distributed to the industry through the MFAA, FBAA and aggregators. It will remain open until close of business, December 3rd.”

More to come.

 

Broking industry asked to take survey on value proposition
question mark
TheAdviser logo
question mark

MORE FROM THE ADVISER

Mark hewitt

AFG GM to join MFAA board

Mark Hewitt, general manager, industry and partnership development at Australian Finance Group (AFG) will commence as...

READ MORE
Possibl co founders

Early commission payment loans open to full broker market

Following its launch of an early commission payment product to brokers using the effi platform, cash-flow solutions...

READ MORE
David Keeling

Grow expands structured finance, appoints senior partner

According to Grow Finance (Grow), David Keeling’s appointment, which commenced on 11 April, is part of a broader...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more