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ASIC releases draft best interests duty guidance
Published 6 years, 4 months ago
Description
Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into their key takeaways from ASIC's draft guidance around brokers' best interests duty compliance, CBA's new compassionate care product for owner-occupiers, and the half-year results from two major Australian brokerages.
This week they discuss:
- How the best interests duty will benefit the broker channel
- Circumstances where brokers should be advising borrowers against taking out mortgages
- A new major survey on Australia's lenders