BOQ partners up with AFA
Bank of Queensland arm, BOQ Specialist, is now the Association of Financial Advisers' (AFA) preferred financial services provider, following the announcement of a new partnership.
The agreement will enable AFA members with personal banking solutions, offers, and deals for professional development courses with Kaplan.
"Partnering with the AFA enables us to constantly engage with the profession and work with its members to ensure we can produce the best personal banking offering to suit their needs," head of banking at BOQ Specialist, Christian Goodall, said.
Through the partnership financial advisers will be able to access BOQ Specialist's new banking package that includes the ability to borrow over 80 per cent loan to value ratio without paying lenders mortgage insurance and an optional 100 per cent offset account on variable home loans.
Commenting on the ongoing support for professional development AFA chief executive, Brad Fox, said "It is exciting to have a banking partner that will support advisers to reach their potential by truly understanding and supporting our members over the long-term."
"BOQ Specialist understands that association membership and ongoing training are paramount in terms of career development and job sustainability within the financial adviser's profession," Goodall said.
BOQ Specialist offers distinctive banking solutions to niche market segments such as doctors, dentists, vets, and accountants. Goodall said financial advisers represented the company's next evolution.
Recommended for you
The restructure of Insignia Financial’s advice network into two parts could lead to further adviser attrition than initially forecast if advisers shun the salaried model, Morningstar believes.
The Australian Wealth Advisors Group has taken a 20 per cent stake in two Australian wealth management firms, having also made two investments last year.
A decade after being permanently banned from financial services, a former financial adviser will finally face court in WA following a failed bid to avoid extradition.
Only a third of Australians are willing to pay more than $500 for advice, thousands of dollars behind what advisers need to charge just to stay in business.
