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St. George reviews commission changes

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Australian Broker | 22 Feb 2011, 06:30 AM Agree 0
St. George will return to paying brokers trail commissions on loans between 30 and 60 days in arrears, following a quarterly review
  • JB | 23 Feb 2011, 10:27 AM Agree 0
    St George has lost the plot so badly that tinkering at the edges of their trail policy won't stop the rot. Mr Heavey should start looking around now rather than wait for the proverbial to hit the fan. Whilst the products are probaly quite good, their broker proposition is weak and will be judged as such given no further changes.
  • Spinner | 24 Feb 2011, 09:18 PM Agree 0
    You can have 1%, 2% or 3% discount of any rate, but if the assessor/process tried to work out how to decline of frustrate the customer, why try, like it has for 24 months its been very poor.

    We bring new business the branches can't. No doubt there will be another excuse at the AGM why broker % is down. Gail won her job on broker volumes at stg.

    What's gone wrong??
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