Responsible lending and protecting clients
Peter White discusses the Royal Commission, the FBAA agenda, responsible lending and protecting clients
Peter White, Executive Chairman of the FBAA, has been a strong advocate and involved with the Broking Industry for many years. In recent times, the FBAA and the MFAA have worked closely together on the Combined Industry Forum to help the industry navigate through the current set of regulatory reviews including the Royal Commission.
In the video below, Peter shares his thoughts on the Royal Commission, politicians and the FBAA agenda. Most importantly, Peter seeks to actively promote the industry's role and value for Australians and their families, along with the role of brokers in discussing risk and protection with their clients.
"I believe that it's incumbent on every broker to have the conversation with their client."
Peter White on the importance of loan protection
Loan Protection Plan is jointly issued by Hannover Life Re of Australasia Ltd ABN 37 062 395 484 (Death, Terminal Illness, Living and Accidental Injury Benefits) and QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545 (Involuntary Unemployment Benefit). It is distributed by Australian Life Insurance Distribution Pty Ltd ABN 31 103 157 811 AFSG 226403 (ALI). ALI receives commission for each policy sold. Any advice provided is of a general nature only and does not take into consideration your personal objectives, financial situation or needs. You should consider the Product Disclosure Statement when deciding if this product is appropriate for you.