FBAA to launch industry 'co-op'

by BN25 Aug 2009

The FBAA is set to launch a new 'co-operative' platform designed to bring onboard a "raft of financial services" for the benefit of members, but which will also be available to the broader market.

To be called the "TFP Co-operative Ltd" - with TFP standing for "The Finance Professional" - it will give brokers access to loan products, plus other services relating to the industry.

Things like buying a new car, telephone contracts and insurance will all be made available from the central hub, FBAA national president Peter White explained.

White said the co-op had been in the plans for a very long time and was part of aligning the organisation for the future.

He said the association was continually looking at how its sits from a strategic point of view, pointing to its ongoing relationship with consultants Deloitte.

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FBAA preparing compliance tool kit - Brokers will get help on adjusting to the demands of the new regulatory environment via a new 'compliance tool kit' the FBAA is developing in collaboration with law firm, Clayton Utz.

 

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