Sealcorp gears up for business growth
Sealcorp has indicated it will proceed with an ambitious schedule of adviser training, product rollouts and enhancements and technology developments over the next 12 months.
Speaking at the Securitor and Pact conference in New Zealand, Sealcorp director of distribution Dan Powell says the group had already concluded a series of initiatives.
These included the introduction of a buyer of last resort, adviser financing arrangements through St George and Macquarie Banks and new fee structure.
This last point was achieved by negotiating lower wholesale rates for funds purchased through the Asgard master trust with any savings in fees rebated back to clients.
According to Powell Sealcorp plans to kick off a mortgage origination service, also through St George and Macquarie Bank, new developments for the AdviserNet platform and continued professional development for advisers.
Powell says Sealcorp is surveying planners to check areas of need among planners and the group will structure in house courses to meet those needs.
It will also roll out the Sealcorp Business Development Program (BDP) a joint project with FMRC Business Development, aimed at providing a structured approach to business development for planners.
Powell says this program will entail a number of modules and units which planners will undertake over the next one to two years.
AUTHOR
Jason Spits
Recommended for you
Bravura Solutions has appointed a group chief executive following the exit of Andrew Russell, but the successor will be based outside of Australia.
ASIC has clarified the outcome of whether it will “name and shame” AFSLs over their reportable situations and internal dispute regimes following feedback from industry stakeholders.
The Compensation Scheme of Last Resort has paid out 551 claims since operations began in April 2024, with $36.7 million to victims of Dixon Advisory and Superannuation Services.
Having reinstated the membership of United Global Capital, AFCA will also continue to accept complaints from Next Generation Advice beyond its original expiration.
