[GRTV] A taste of MDRT Global

MDRT, the biggest financial adviser association in the world, has for the first time held what it calls a Global conference to compliment the its annual meeting in the United States.

In recent years demand for tickets to its annual conference has been so strong the association, which has 72,000 members worldwide, decided to run a smaller event closer to its Asian and Pacific members.

While it may be smaller, 8000 advisers turned up in Sydney for the inaugural Global event at the International Convention Centre.

Outgoing MDRT president, Ross Vanderwolf, says the event cost $10 million to put on and made a loss. Partly because a large contingent of Chinese advisers withdrew at the last minute.