The lost advisers

Jon-Paul Hale

The life industry is front and centre with the mortgage brokers a close second. The AFA’s are out to the side rolling their eyes’s going ’we’re probably ok, but more change and regulation we have to contend with.’

And the general insurance broker is pretty much unheard from. Well up until recently, I’ve had a few discussions with general brokers more recently. Also, they are concerned about the impact that's coming.

In the last round of changes, fortunately, I was out of the country and skipped the tail end of it. However, from that it seems the general insurance industry is split into two camps:

• Those that are still trading how they were in 2010 and
• The minority that are trading more like the life and mortgage advisers, closer to the AFA mark. However, they're also few and far between.