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Industry bodies set big goals for 2015

by Nick Bendel10 minute read
The Adviser

Brokers have been told to expect a new strategic plan from the MFAA and the recruitment of at least 500 student members by the FBAA.

The MFAA’s new chief executive, Siobhan Hayden, said her main focus in early 2015 would be to write a new strategic plan for the association.

Ms Hayden, who was appointed in October, said she was now halfway through a series of roadshows, with her travels set to continue until the end of February.

“My goal is to meet with 1,000 customers – credit advisers, aggregators and lenders – and learn what is critical to the success of their business, now and into the future,” she told The Adviser.

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“The information that I obtain will be critical to writing the MFAA strategic plan in March. Once the plan has been documented, we can progress with capability mapping and then implementation.”

Ms Hayden said the aim of the strategy is to ensure the future success of the industry.

“The MFAA will continue to lobby government in relation to any initiatives that impact, or have the potential to impact, our industry,” Ms Hayden said.

Meanwhile, FBAA chief executive Peter White said recruitment would be one of the key issues for his association in 2015.

Mr White told The Adviser that one goal is to ensure that membership does not decline. The FBAA recently revealed it has 3,800 members after growing by 32 per cent in 2013/2014.

The FBAA also wants to put on at least 500 student members through its career path program during 2015, he added.

Mr White also said that he would be more outspoken this year, whether defending the industry or correcting misstatements about the FBAA.

“I’m sick of seeing the fiction that goes around in the marketplace, so you’ll find in 2015 I’ll be speaking up forthrightly on matters that I see as incorrect,” he said.

“I’m not going to be arrogant about it; I just want to make sure that the public record is correct.”

 

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