A new public reporting regime will see brokers offer key info to consumers while aggregators and lenders report to ASIC
The forum has proposed brokers pay upfront based on amount drawn down and have clarified the industry’s stance on withholding trail
Limitations in the terms of reference make it highly unlikely that brokers will be the target of the upcoming Royal Commission
The Combined Industry Forum has come up with a reform package containing six principles in response to the ASIC broker rem review
The industry association has also elected two new directors of the board at its latest AGM
The number of broker-settled loans is again on the rise despite some challenging market conditions