Breach Reporting: What You Need to Know
Credit Licensees now have an obligation to report breaches to ASIC in certain situations. If a b...
We are not an aggregator or sub-aggregator.
You're free to choose.
We don't have a financial interest in your business -
You maintain control.
The only Australian Credit Licensee that offers this alternative for Credit Reps.
We are flexible in terms of how you choose to conduct your broking business. You can choose whom you aggregate through without being tied in! What this means for you is:
With Pursuit Broker Services, you are free to choose what lenders you use, as long as you are compliant with the Responsible Lending Obligations - the complaints we hear from brokers about aggregators are that they are too prescriptive and won't let you go off panel!
We are not interested in commissions or any sort of share of your income. What you pay us is a flat monthly fee for our compliance services.
When it comes to practical NCCP compliance support there is no one in the industry that understands and delivers practical NCCP solutions like QED's Pursuit Broker Services. We are the experts on covering compliance 'the easy way'. Our Credit Representatives use our easy compliance tool - QED CompliFast. It's simple and is the fastest way to comply so you can get on with writing business.
It takes only 5-7 working days to complete the assessment and appointment once we receive your required reference check and all supporting documentation.
Pursuit Broker Services' fees are reasonable and less expensive than aggregators - only $147.50 (+GST) per month plus $300 (+GST) application fee.
"QED Risk Services (Pursuit Broker Services) process around on-boarding new credit representatives is smooth and efficient. The turnaround time of issuing a brokers application to QED and the registration with ASIC is very quick. They have a dedicated team who answer any queries promptly and will go the extra mile to help out when required."
Tracy Coupe
Operational Support
Officer Nectar Mortgages
""As a credit representative, using Pursuit Broker Services makes sense. I can always ensure I can provide the right finance solution for my client (i.e. even if the lender is not on my aggregator's panel). And, I keep on top of my compliance obligations through utilisation of the CompliFast tools and regular updates and feedback from the Pursuit team.""
Mark Ambrose
Annum
Credit Licensees now have an obligation to report breaches to ASIC in certain situations. If a b...
Australian Credit Licensees in the "Intermediary" sector who received their annual invoice from A...