Suncorp ramps up adviser network

recruitment/

13 November 2000
| By Jason |

Suncorp Metway has signalled its intentions to move further into the retail market with the addition of 24 new financial advisers.

The new planners will push the group's total number of advisers to 130 and will be located in Melbourne, Sydney and Perth as well as a number of the Queensland offices. The recruitment drive is aimed at boosting its presence outside of its home state of Queensland.

Distribution general manager Mark Blucher says Suncorp advisers have mainly operated out of the group's retail branch network but demand for advice through other channels had prompted the new moves.

Part of these include changing the distribution strategy by linking advisers to Suncorp Metway Business Bank branches, mobile lenders and placing advisers with the group's call center.

Blucher says the growth in demand for advice was being generated after the group rolled out a system which enabled any employee to pass on referrals to the advisers.

However he also stressed that the current performance of the group had also generated strong interest in advice and the sale of superannuation and investment products.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month 4 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

4 days 13 hours ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

1 week 6 days ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

4 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo