Loan Market Group to unite brands and operate as one aggregator - LMG.

Today, Loan Market Group (LMG) announced its decision to unite its Loan Market, PLAN Australia, Choice Aggregation, and FAST (PCF) aggregation brands to form Australia and New Zealand’s largest aggregator to be known as LMG.

“As a family owned business, representing over 6,000 brokers across Australia and New Zealand, we’re coming together to provide clear and simple choices for brokers so they can choose how they want to partner with us. This means we can invest more in technology and innovation, represent our broker community with a louder voice in the industry so we can advocate for and develop better outcomes for all brokers,” said LMG Executive Chairman, Sam White.

As part of this transition, the PLAN Australia, Choice Aggregation and FAST brands will be retired over the coming months as the group comes together under the new LMG banner.

“One of the consistent messages from brokers is the power of the community they are part of -  and how connected brokers are to the brokers and businesses around them. This does not change - we’re stronger together and we keep seeing this through how our members engage with us.”

LMG will offer businesses a range of options and service plans based on what suits a broker’s aspirations and the types of services and support they value. There will be no change for current broker businesses, unless they choose a different service plan.  

LMG Leadership 

Stephen Moore announces his intent to pursue new opportunities outside of LMG. 

Stephen has been an integral shaper of this strategy and as we came to the end of this process, Stephen decided to use this as a catalyst to leave the company and pursue new opportunities. 

LMG Executive Chairman, Sam White said “Stephen has made a huge contribution to our group and I want to thank him for his work in bringing us this far.”

“Taking three separate aggregators out of NAB, combining them, and managing changing systems and processes, all during the COVID-19 pandemic was a huge task. He has been a passionate advocate for the industry we love, as evidenced by his role with his Presidency of the MFAA aggregators committee and his Chairmanship of LIXI.”

“I wish Stephen all the best in the next phase of his career and I’m sure we’ll work together again within the industry in the near future. From everyone at the LMG family, thank you Stephen”. 

Newly created role to lead LMG Residential Brokers

Andrea McNaughton has been appointed Group Executive, LMG Residential, to lead our residential broker network, and was previously Managing Director, Loan Market.

‘Andrea is a proven leader and champion of innovation for brokers. I am excited for the experience, passion and leadership that she will bring to brokers in LMG.’ said Sam. 

Andrea will work alongside Group Executive for LMG Commercial, Stephen Scahill, and Group Executive for LMG Asset Finance, Tom Caesar. 

For brokers requiring specialist commercial and asset finance support, LMG has dedicated solutions and communities with expert leaders: Tom Caesar, Group Executive LMG Asset Finance and Stephen Scahill, Group Executive LMG Commercial Finance, each bring a separate focus on driving technology, lender engagement, professional development, training and support teams.

Loan Market strengthens leadership team

Andrew Thompson is appointed to the role of National Director, Loan Market and BYOB, to continue to develop and evolve the specialist Loan Market and BYOB community with its own dedicated support team. 

‘Andrew has been recognised for his significant contribution to the growth of our group in his role as State Director for Queensland. His dedicated focus on Loan Market and BYOB businesses will ensure we continue to be the home of the most productive broker businesses.’