What do regulatory compliance, clawback policies, and aggregator shifts have in common? They are all driving major conversations across the Australian mortgage broking landscape right now.
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Join host Annie Kane and commercial content writer Ben Squires as they break down the biggest news across the finance sector this week and takeaways from the MFAA National Conference in Melbourne.
This week, they discuss:
- What ASIC is looking at in its best interests duty review and warnings about boilerplate documentation.
- How ING’s clawback policy update is shifting the conversation around broker commissions.
- Key takeaways from WealthX’s inaugural report tracking credit representative movements across major aggregators.
And much more!
News stories mentioned:
- ASIC to release best interests duty report by Q4
- Assistant Treasurer backs brokers as drivers of competition
- Standing still is the biggest threat to broker market share, panel warns
- New independent report reveals aggregator movements
- Which states are the aggregators attracting brokers from?
- ING confirms major clawback change
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