ASIC’s REVIEW OF MORTGAGE BROKING INDUSTRY

The Mortgage Broking Industry is a relatively new industry and has grown rapidly because of the value provided to consumers who are seeking loan products. ASIC is the government body that constantly reviews financial matters for the protection of consumers. As a result, the Mortgage Broking industry is now fully regulated. FundSmart is proud that we are fully compliant with all regulations and we exceed the requirements for our continuing education and professional development.

 Currently, ASIC’s focus is on Brokers remuneration.