Mortgage Choice offers Allianz product access



Mortgage broker Mortgage Choice has moved further to diversify its financial services offering, announcing this week that it had entered into a strategic partnership with major insurer Allianz.
Mortgage Choice said the arrangement would see customers referred to Allianz for their insurance needs with respect to home building and contents, motor vehicle and landlord insurance.
Announcing the arrangement, Mortgage Choice general manager of product and distribution, Andrew Russell said the company's brokers would not be providing advice, with all questions on the products being referred back to Allianz.
However, he described the move as part of a strategy for Mortgage Choice to "broaden its customer proposition by providing a range of financial services and wealth solutions".
Russell said Mortgage Choice customers would also be given the option of going online to get a quote, via the Mortgage Choice website.
Recommended for you
Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting.
Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350.
ASIC’s enforcement action is having an active start to the new financial year, banning a former Queensland financial adviser for 10 years in relation to fees for no service conduct.
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay.