There will be changes to the Intermediary Agreement (the Agreement) with the Commonwealth Bank of Australia, to take effect from early February 2024. These changes are to support the implementation of our new commission platform, CommRem, and fall within the scope of our contractual right to unilaterally vary the contract with respect to Commissions. Additionally, we believe these changes to be immaterial and/or favourable to you and your brokers.
Below is a summary of the impacted terms, the current state, future state and what this means for you.
