The MFAA recognises the importance of developing improved strategies to attract and retain brokers to support industry growth, in both volumes, market share and member quality.
To achieve this, the MFAA has identified that the industry's young professionals, members 35 years of age and under, are an important segment vital to achieving this, and therefore, it will be imperative to have access to improved data on young professionals (YP) as well as garner a better understanding of the existing YP challenges and barriers to success within our industry.
For this reason, the MFAA undertakes regular research, and runs regular panels, to determine what motivates young professionals to join the industry, and their challenges, aspirations and outlooks, compared with those of established brokers.
Whitepapers and reports
From the 2020/21 YP forum, the MFAA has produced a whitepaper discussing the benefits and challenges of offshore staffing, the concerns around maintaining secure systems, and what is and isn't found to work in terms of cybersecurity.
Past reports :
- MFAA Young Professionals Report 2019/20: Navigating COVID-19: Issues facing finance broking professionals
- MFAA Young Professionals Report 2017/18