Sealcorp gears up for business growth

mortgage/macquarie-bank/director/

7 June 2001
| By Jason |

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 days 2 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

5 days 5 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3