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Big banks talk broker targets

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Miklos Bolza | 24 Feb 2017, 08:25 AM Agree 0
In our final piece on the MPA Major Bank Roundtable, participating broker heads discuss the issues with pre-specified targets for brokers
  • A concerned broker | 24 Feb 2017, 09:03 AM Agree 0
    I see that 3 of the big 4 came to the table, but CBA did not. I feel alot can be read into this. Couple this abstention with CBA announcement of this week that some brokers will be deemed inactive and their accreditation revoked. I can see this is a point that CBA is out of step with other participants. ASIC should have a very 'Hard look' at this attitude by CBA and see is it 'Truly in the best interest of the client' and go from there.
  • yup | 26 Feb 2017, 01:11 PM Agree 0
    FWIW -the deregistration of inactive brokers was a suggestion brought up at a conference I was at by another broker who also used to be a bank bdm. If its the same thing.

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