One10 offers loan-writing solution to financial planners


A new firm has emerged in the financial planning space offering what it describes as a flexible loan-writing solution for financial advisers.
The firm, One10, is marketing itself as providing a unique solution which it says provides financial advisers with an additional revenue opportunity, while increasing client retention.
According to One10, the solution provides advisers with four different support options, alongside rigorous compliance management.
Commenting on the new offering, One10 managing director Paul DeGatesbury said it made sense for financial advisers to help their clients in circumstances where property and other assets were the largest financial commitments people would make in their lifetimes.
"Our tiered solution has been designed with all types of financial advisers in mind," he said.
Recommended for you
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
Insignia Financial has experienced total quarterly net outflows of $1.8 billion as a result of client rebalancing, while its multi-asset flows halved from the prior quarter.
Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators.
An affiliate of Pinnacle Investment Management has expanded its reach with a London office as the fund manager seeks to grow its overseas distribution into the UK and Europe.