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.
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.