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Originator helps brokers prepare for legislation

by Staff Reporter8 minute read
The Adviser

By: Staff Reporter

Club Financial Services is opening its doors in a bid to help brokers meet the standards imposed by the new legislation.

The mortgage originator will host a two week course for brokers to ensure they boast the appropriate credentials and have the skills to provide borrowers with a range of services and products.

Club Financial Services director David Garner said regulation was an important milestone for the industry as it would make brokers more accountable for their work.

“While the most successful mortgage broking companies have had their own minimum standards in place for a long time, there has been great scope for variation across the industry,” Mr Garner said.

“A good broker will provide a transparent and tailored service that educates their clients as to the best options for them, while also meeting all of the legislative requirements - and that’s a large part of what we’re instilling into Academy participants.”

The Club Academy will run in Adelaide from 6 – 17 September, 2010 and is open to everyone.

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