Why young brokers are more demanding, high volume brokers love their IT systems, and how money really can buy happiness
Why young brokers are more demanding, high volume brokers love their IT systems, and how money really can buy happiness
MPA’s Brokers on Aggregators survey, now in its eight year, is brokers' biggest chance to hold their aggregator to account.
Every year we ask brokers what services are most important to them and how they think they’re aggregators are performing each rated on a scale from 1 (lowest) – 5 (highest). As well as pushing aggregators to up their game, the survey provides a fascinating insight into that trickiest of questions – what do brokers want?
We went back to 2014’s survey results to look at brokers, using data analysis to produce never-published insights. We’ve published just some of them here.
This year’s survey closes on Friday 6th March, so take it now! You could also win a FitBit Flex.
1. Commission split is still the favourite fee model for brokers
(1).jpg)
2. But younger brokers think it’s more important for aggregators to offer multiple fee models
.jpg)
3. In fact younger brokers are demanding more from their aggregators full stop
.jpg)
4. Encouragingly for aggregators, the youngest group of brokers were the most satisfied…
.jpg)
5. Brokers writing higher volumes were less impressed by their aggregator’s IT systems – with the notable exception of those brokers
.jpg)
6. And finally, the astonishing conclusion that perhaps money can buy happiness after all
.jpg)
MPA’s Brokers on Aggregators survey, now in its eight year, is brokers' biggest chance to hold their aggregator to account.
Every year we ask brokers what services are most important to them and how they think they’re aggregators are performing each rated on a scale from 1 (lowest) – 5 (highest). As well as pushing aggregators to up their game, the survey provides a fascinating insight into that trickiest of questions – what do brokers want?
We went back to 2014’s survey results to look at brokers, using data analysis to produce never-published insights. We’ve published just some of them here.
This year’s survey closes on Friday 6th March, so take it now! You could also win a FitBit Flex.
1. Commission split is still the favourite fee model for brokers
2. But younger brokers think it’s more important for aggregators to offer multiple fee models
3. In fact younger brokers are demanding more from their aggregators full stop
4. Encouragingly for aggregators, the youngest group of brokers were the most satisfied…
5. Brokers writing higher volumes were less impressed by their aggregator’s IT systems – with the notable exception of those brokers
6. And finally, the astonishing conclusion that perhaps money can buy happiness after all
