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Jessica Darnbrough
A majority of mortgage brokers believe new recruits should be given at least 12 months to complete their diploma rather than be thrown in the deep end and forced to complete the assessments upon entry into the industry.
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According to a recent straw poll conducted by The Adviser, 59.7 per cent of brokers believe new recruits should have at least 12 months to complete their diploma, while 40.3 per cent argued otherwise.
Red Concierge’s Sarah Wells is one broker who believes new recruits should be given adequate time to complete their diploma.
“I am a strong supporter of education. I completed my diploma several years ago and believe my business grew and strengthened as a result of that education,” she told The Adviser.
“That said, for new entrants I believe there needs to be time management and they need to do it when they are at a stage in their career when they will learn from it.
“I think the problem is that some people will enter the industry and complete the diploma just to tick that box. If you are going to complete the diploma, you need to be at a stage when you will derive the intended learnings from the course.”
PLAN Australia’s Liz Zaki agrees and said her new recruit was struggling to complete the diploma before starting in the profession.
“Some of the assessments ask you how you would recommend a product to a client. That is very difficult for someone who has never had a client appointment to complete,” she said.
“I think new recruits need to be mentored and trained before they sit for their diploma.”
