TMM - News

ASB and Sovereign increase upfront commissions

Friday 1st of May 2015

Ian Boyce says that the current commission structures were complex and these changes are about simplifying how they pay mortgage advisers. It is withdrawing its current commission options and LVR bonus and replacing them with "one simple commission structure; payable to all advisers for new home lending settlements to ASB at 0.85%."

"This change removes all current individual threshold g...

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