BREAKING: Broker market share hits milestone, Naylor announces departure

by Adam Smith14 May 2014
MFAA CEO Phil Naylor has told the MFAA Convention on the Gold Coast that broker market share has now hit 50%, and has also announced he will leave his role as chief executive at the end of the year.

Naylor pointed to figures from 2013 showing broker market share had hit 47%, and said the association had predicted at the time that market share would soon reach 50%. He told convention attendees that new figures from the March quarter show that the 50% market share goal has now been reached.

Naylor also told attendees he would leave his role at the MFAA at the end of the year.

More on this story as it develops.

COMMENTS

  • by MCC 14/05/2014 6:03:19 PM

    Message is getting through on how 'Credit Advisers' operate, the improvement in professional conduct brought about by the lifting of education standards & legislation changes. That all leads to a more transparent environment & one based on 'trust' . Well done to the broker / adviser community!