TMM - News

Group FAPs could limit choice of suppliers: Newpark

Wednesday 30th of October 2019

Newpark Home Loans general manager Andrew Scott believes group FAPs, with responsibility for diligence on lenders, are likely to have an “approved product list” for their advisers, controlling who they can place business with.

“Advisers may join a group thinking they have open access to every lender, but they might be in for a shock, and there could be restrictions on...

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