Two mortgage broking and financial advice firms have joined forces to launch new business together, Financial Advice Mortgage Solutions. ...

Mortgage brokers are going to have to abandon a one-size-fits-all approach with the Australian Securities and Investments Commission reinforcing that ‘know your client’ w...

There is an “overall lack of price transparency” in the interest rates of residential mortgage products, according to the interim findings of a report into home loans by ...

AFA’s Phil Anderson says that despite pushback on Royal Commission recommendations to change trail commissions for mortgage brokers, advisers were still better prepared f...

Mortgage brokers believe the embedding of commission clawbacks in legislation will see them working for nothing....

Mortgage brokers themselves rather than credit licensees should be made to honour a best interest duty to clients, according to the Financial Planning Association....

The Australian Securities and Investments Commission has signalled its continuing scepticism about mortgage broker commissions while claiming consumer research has valida...

More research has emerged suggesting the Royal Commission final report may have unduly targeted intermediaries rather than major banks and product providers....

The Association of Financial Advisers has claimed the Royal Commission failed to hit what it was aiming at and, instead, has impacted small financial advisers and mortgag...

The Finance Sector Union has called for the current move to professionalisation to be extended beyond just planners, but has warned that there are issues with an industry...

The Commonwealth Bank chief executive, Matt Comyn has agreed that mortgage brokers should be subject to the same sort of client best interests duty as financial planners....

Trail commissions have been dealt another blow, with the Productivity Commission recommending that they be banned in mortgage broking for all loans from the end of this y...

The Australian Securities and Investments Commission has permanently banned three Sydney-based mortgage brokers from engaging in credit activities. ...

Australian Capital Home Loans has called out mortgage brokers on their financial planning habits when dealing with clients....