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.