IQ Capital are finalists in 2017 eChoice Awards
We were very excited to hear that IQ Capital Group are finalists in the 2017 eChoice Brokers Awards. In fact, we are eagerly awaiting the results of four different award categories in which we are finalists:
Brokerage of the Year – IQ Capital Group
Diversification – National – IQ Capital Group
Broker of the Year – National – Greg Durie, IQ Capital Group
Broker of the Year – QLD/WA – Greg Durie, IQ Capital Group
The award winners will be announced in October.
Having been awarded Broker of the Year (for Qld/NT) in 2015 and 2016, we would love to continue that tradition and see another Broker of the Year award come to IQ Capital Group.
These awards are not about volume of sales alone, they are also about compliance and customer care. In other words, they are not simply about the numbers they also consider how we work with our clients. So, in choosing the winners, they look at the sales volumes and the knowledge and expertise of our brokers and the relationships built between brokers and clients. Establishing relationships with our clients and working together to achieve better smarter outcomes is at the core of what we do every day and this is incredibly important to us at IQ Capital.
Why would you use a broker?
Person who serves as a trusted agent or intermediary in commercial negotiations or transactions. Brokers are usually licensed professionals. So, a financial broker can “go shopping” for you and find the best deals and products for you in the area of finance including mortgages, loans, investments, wealth creation and much more.
The world of finance is in a continuous state of change and there are many variables that one needs to consider when shopping for a loan or investment. For example, interest rates are only one aspect to consider when looking at a loan product and even though the Reserve Bank has held its interest rate at all time low for 13 consecutive months, this does not mean one should discount changes to rates in the coming months. But there are other things to consider when seeking a mortgage or investment loan, where expert advice can be helpful, regarding specific details of the financial product, e.g. a loan, and the financial institution offering the product, as well as current market conditions and trends.
Early this month, Wayne Byres, Chairman of APRA (Australian Prudential Regulation Authority, a regulator of the Australian financial services industry), revealed that APRA in an ongoing review of lending policies and practices has “looked harder at actual lending practices, seeking additional assurance that tighter loan policies are actually translating into more prudent lending decisions”. He said that APRA has a “goal of ensuring that core standards stand up to scrutiny, both in policy and in practice.”
“Given the environment that we are in”, he added, “that scrutiny won’t lessen any time soon”.
Especially in this environment and with the promise of increased scrutiny by regulators, someone seeking a loan or investment can find value in consulting a broker. A good broker will keep up to date on market conditions and maintain a good working knowledge of a cross section of financial products. Not only will they know about a range of banks and other lenders and investment opportunities, they will know specific products available from each and the procedures, policies and regulations associated with accessing those products. They will also ask for details of your requirements and your situation and then match your requirements with various financial offerings to provide the best possible solution for you in your current circumstances.
How would you choose a good broker?
If you are after an expert in their field, with a proven track record and someone who is knowledgeable and knows how to look after their customers, then how can you go wrong in choosing an award-winning broker?
Note: this is general information that does not take into consideration the details of your individual situation. Please consult a qualified financial advisor before making decisions about your finances.