Let my trail book go, brokers demand

by Adam Smith28 Mar 2013

An industry forum is bringing together heads of major aggregators to challenge them on the transfer of trails.

IFBF head Stephen Dinte has told Australian Broker the group will hold a panel discussion on 26 April involving Mark Haron of Connective, Stephen Moore from Choice, Finsure's John Kolenda, Simon Dehne from LoanKit and Ballast's Frank Paratore. Dinte said the panel would give brokers the opportunity to ask aggregators about making trail books easily transportable, an issue he says is "vitally important".

"Personally, I'm getting trail from a couple different aggregators and if I were able to transfer all my old stuff to my current aggregator it would save me $1,000 a month. I know for a fact there are a lot of other brokers in similar positions," he said.

Dinte argued that there was no reason trails shouldn't be transferrable between aggregators.

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  • by OzBoy 28/03/2013 9:06:23 AM

    Never going to happen. Where is AFG or Advantage? Exactly, don't waste your time. Sad but true.

  • by Adrian Buscombe 28/03/2013 9:16:49 AM

    This is a great idea Stephen hope you achieve agreement with the other aggregators.

    What happened to Plan and AFG?

  • by suspicious 28/03/2013 9:18:27 AM

    Amazing! An attempt to assist brokers and their business. This is potentially one of the most significant issues for the industry and critical that it is pursued. Unfortunately ,from past experiences , the banks and aggregators will show their fangs and we run away back to behave as we are told.to.