AAA grows as AXA retired
AAA Advisers Association chief executive Wayne Smith said the group had reached agreements with three business partners late last year, with the possibility of a fourth partnership being signed later this year.
He declined to name the providers but said the partnerships were the first the AAA had developed outside of AMP/Axa, which the group reached an agreement with last year.
Smith said exact details of the business partnerships would differ depending on the company but they would offer a “raft of benefits” to AAA members including access to product training.
“There’s also commission structure. The probability is that an association like us can negotiate slightly better commission structure than the individual knocking on the door of the company,” he said.
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