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Jessica Darnbrough
The MFAA's commitment to providing brokers with the highest level of professional education and training will ensure the industry body remains relevant post licensing, according to Phil Naylor.
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Speaking to The Adviser yesterday, Mr Naylor dismissed industry speculation that the MFAA will fail to be relevant in a post-licensed arena.
“We require our broker partners to meet higher educational standards and adhere to a Code of Conduct that governs professional obligations. In this respect, MFAA members will always be recognised by consumers as being professional and trustworthy,” Mr Naylor said.
“Ultimately consumers and businesses alike want to deal with mortgage and finance brokers that belong to an association which displays the highest levels of professionalism and education – and one that is not afraid to take disciplinary actions to protect their interests. The introduction of licensing in July 2010 has enhanced how brokers are perceived by consumers, government, media and other key stakeholders. Professionalism and education are increasingly being recognised as key differentiators within the broking landscape.
Consumers can be confident that when they are dealing with an MFAA Professional Credit Adviser they are dealing with a professional with higher standards in ethics, experience and education.”
In line with its higher professional standards, the MFAA has named six companies that its broker members can use to obtain their Certificate IV and Diploma in Financial Services.
The preferred training organisations recognised by the MFAA are AAMC Training Group; the Institute of Strategic Management; Intellitrain; Kaplan Professional; TAFE NSW and The National Finance Institute.
Mr Naylor said by creating a preferred panel of educators, brokers would be able to access the right course, at the right time, in the right location and for the right price.
