Broker concerns to be aired as MFAA, FBAA come together

by Adam Smith05 Mar 2013
"If you think of other industry associations out there - and CPA is a perfect example - you often see TV commercials running promoting the advantages of using a CPA. Brokers for the most part would like to see that sort of promotion incorporating the fact the qualifications brokers have," Dinte said.

He argued that, while the associations may be delivering benefits to their members, many brokers were in the dark about their activities.

"The other real issue we're going to put to these guys is that the associations are kind of like ducks. On the surface you don't see much, but underneath their feet are going like crazy. There's heaps going on, but the message doesn't seem to be getting out there in any meaningful way to show their membership," he said. 

"We may have a better life because of what they've done in the past, and we just don't know they did it. They're probably doing themselves a disservice in that," he added.

Dinte urged brokers to register for the forum as limited space was available. He called the roundtable a "coup" for an organisation such as the IFBF.

  "The IFBF is just a small group of guys who have been in the industry a long time, and we're trying to give back," Dinte said.

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  • by OzBoy 5/03/2013 10:37:16 AM

    Why not broadcast it and let us all be a part of it.

  • by Garry 5/03/2013 10:43:29 AM

    Both associations are a waste of time & money. They are obsolete in todays market. We are governed by ASIC so what relevance do these associations have anyway? The clients dont care about MFAA or FBAA and they dont know who they are. I for one have real issue with having to pay fees to a group who add absolutely nothing to my business.
    Get rid of both.

  • by NoTimeLikeTheFuture 5/03/2013 10:44:16 AM

    I agree.

    We are benefiting now from the work of the associations and we just don't realise it.

    It's an insurance policy to have infrastructure in place like the MFAA to tackle future problems and fight for sensible, workable policy.

    Anyone who drops out will will in effect free-ride on the rest of us.