Leading aggregator launches new retail business

by Julia Corderoy20 Aug 2015
Leading wholesale aggregator, Connective has announced the launch of a new retail offering.

Focused on education, technology and innovation, iConnect Financial is a new retail aggregation business aimed at those brokers who want to be part of a recognised, national brand.

“We now think the time is right to extend Connective’s reach into those parts of the market where we haven’t focused previously - areas where we think we can bring the same benefits, and where we can use our expertise and scale to benefit those brokers who want to be part of a branded retail aggregator,”Connective’s general manager – strategy, distribution and digital, Steven Heavey said.

According to Heavey, a strong online and digital platform with a focus on consumer education driven lead generation and best practice digital marketing will be key to iConnect Financial’s offering to brokers.

“We’ve all heard the stories of brokers looking to leave retail aggregators – and we think one of the great opportunities in iConnect Financial is to bring to retail aggregation what we have brought to wholesale aggregation. That is, a fairer agreement, better financial terms, and a mutually respectful relationship. All of this is based on the proven Connective platform, and the Connective way of doing business.

“As a group, we are investing significant resources into iConnect Financial, and are really looking forward to launching this offering in Victoria and New South Wales throughout the remainder of 2015.”

Heavey says it will be business as usual for existing members who remain on Connective’s wholesale agreement. iConnect Financial is simply another option that existing or new members of Connective may consider taking up. 

Connective will be conducting its initial launch phase in Melbourne and Sydney this year, with a national rollout planned for early 2016. Briefing sessions will be held in Melbourne and Sydney on the 9th and 10th of September, respectively.