Despite the ongoing regulatory scrutiny, one aggregator head says there's no reason to be afraid
Outsource Financial CEO Tanya Sale is calling on brokers to take a good look at their businesses and be ready to adapt and be agile as the regulatory environment changes amidst government reforms.
Those who fail to do so might not last in the industry, Sale told MPA. “I think what we see now is not going to be [the same] in twelve months’ time,” she added.
Sale is one of seven aggregator heads who will sharing their thoughts on the major issues facing the broking and finance sector during a live-streamed panel on MPA’s website on Friday, 11 May. The other panellists include representatives from Choice, Connective, FAST, Plan, Specialist Finance Group and Vow.
Sale also believes aggregators are at the forefront of ensuring that the industry remains strong as they begin to implement industry changes based on the CIF reforms.
“Aggregators really just have to look at building additional processes and systems to cater to these changes,” she said.
Along with that, business partners also protect each other. As an aggregator, that means ensuring everyone is doing the right thing, and they possess the right tools and systems to do so.
Hear more from Tanya Sale and the other aggregators live on Friday.