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The MFAA has shortlisted candidates for a new lobbyist position that would advocate the broking industry in Canberra and effect change.
Siobhan Hayden, chief executive of the MFAA, said the chosen candidate will represent brokers, aggregators and lenders by channelling industry concerns in the capital and mitigating issues proactively as they come to into play.
“Through working with our industry stakeholders at a professional level we’ve already got a list of several people that we are open to talk to,” Ms Hayden told The Adviser.
“What I’m doing at the moment is finalising a list that would be part of their charter, and that really does align to whether the lobbyist has the capacity in the coming years and whether it’s a passion for them,” she said. “We want someone with credibility and experience in our sector who can effect change.”
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Ms Hayden said that one industry concern is that financial services [fall under] one large umbrella.
“So financial planners, mortgage brokers, asset finance managers are all bundled under the one umbrella,” she said. “We all have very different business models, so really clarifying what we provide, how we do our job and how we are remunerated needs to be clear.”
[Related: MFAA represents industry on regulation]
