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Paul McBeth
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IFA whittles down CEO hunt

Friday 14th of May 2010

IFA chairman Phillip Meyer said the association had received a number of applications and had cut that down to a "single digit number" of candidates who will undergo a "rigorous" interview process focusing on competency next week.

"Generally speaking, we're looking for someone who can provide strong engagement and encouragement with members, and have responsibility in promoting the value of our proposition," Meyer told Good Returns. "We viewed all the applications and determined several people could do the job."

"We are happy with the quality of applicants and decided to employ an external consultant to help with the interview process," he said. "From that process we hope to develop our recommendation."

Once the selection committee has decided on a candidate, they will put that person forward to the IFA's board to make a final decision. Meyer said they hope to make an announcement regarding the position in the next couple of weeks, though that might not name the new appointment.

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Paul Flood: The danger is that the 'goalposts' (regarding what is acceptable or unacceptable adviser conduct) may be susceptible to change. Our 'Principles based' legal/regulatory environment lends itself to “prevalence-induced concept change” over time, perhaps not so much in the written laws and Code, as in the interpretation of the prescribed principles.
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FMA outlines its latest expectations for advisers
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