Banks put loan pressure on commercial clients with preferred broker constraints

chain-up-wrists

Mike Dickinson, business development director at Russell Scalan Insurance Brokers, said banks were regarding it as an additional income stream.

He said while any conditional lending would be difficult to prove, he and fellow Unitas brokers across the country had†substantial anecdotal evidence that banks were "abusing their position†to engineer appointments and push their preferred brokers more aggressively than previously".

"Our own experience would suggest the advice given is sub-standard with

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