AXA planners to offer expanded client lending facilities
AXA has entered into an arrangement with Alliere, a wholly-owned subsidiary of residential mortgage provider Resimac, to provide its licensed planners with a range of client lending facilities.
The lending facilities will be made available to AXA Financial Planning and Charter Financial Planning planners by way of a selection of Alliere’s client service models.
These include a ‘central service model’, in which AXA planners refer their clients directly to the Alliere telephone-based lending centre, and an ‘alliance model’, in which an Alliere representative works directly with a number of AXA planners.
Under the ‘originator model’, a licensed AXA planning practice has direct access to the Alliere platform, with optional packaging and processing services and software.
The service models allow AXA planners to “provide their consumers with the widest choice of lenders and options in the marketplace”, according to Rob Thomas, national manager of technical research advice and paraplanning.
He said AXA selected Alliere following an “extensive tender, appraisal and assessment process aimed at providing planners with the flexibility to match an offer that suits the needs of their practice and client requirements”.
Recommended for you
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
