Brokernews TV: Aggregators face-off over new recruits (27 May, 2011)
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Broker News TV: "It's always been a bare-knuckled fight" among aggregators for new broker recruits, according Connective's Mark Haron, but the gloves are certainly off in 2011 as brokers witness renewed ferocity enter aggregation competition. Today on The Big Story, we speak with Kym Rampal from LoanKit, Tim Brown from Vow Financial, as well as Connective's Mark Haron, to get their insights into this new round of competition following the NCCP fallout. What are aggregators up to, and what are they offering? How will they fare in a smaller broker pool following NCCP? And why does Tim Brown think some aggregators are currently operating as "charities", rather than businesses? Find out on today on Australian BrokerNews TV, your home for the industry's best news, opinion and analysis.
As seen on Brokernews.com.au