The Federal Budget has been announced and the industry has weighed in. So what does the new budget mean for brokers, their clients and the market in 2016?
Pressure on bank staff to push “unsuitable” financial products on customers is hurting the integrity of the industry, the FBAA has warned
The FBAA has labelled reports of major banks using Veda alerts to ‘spy’ on customers as “completely wrong” and is now encouraging brokers to use this to their advantage
Making news this week the future of trail commissions and bonus commissions have been questioned and foreign investors were slapped with a new property surcharge
Incentive-based commissions are also likely to face the axe under ASIC’s remuneration review, the FBAA has told brokers
The mortgage broking sector in Australia should be concerned about the future of trail commissions as a part of ASIC’s remuneration review, an industry veteran has told brokers