YOUR INDUSTRY
Your Industry
Our Working Groups
We bring together those with an interest in specific sectors to discuss policy issues and contribute to policy making. Your involvement is welcome. Our working groups are established and dissolved according to the needs and issues of the market. Our current working groups are:
Payment protection insurance (PPI)
The payment protection insurance sector has been under scrutiny from not only the FSA but also the Office of Fair Trading (OFT). AMI’s PPI Working Group was set up to allow members the chance to feed into AMI policy in this area. AMI has been heavily involved in the FSA’s move to increase sales standards in this sector and has taken an active part in the OFT’s PPI market study. The Working Group continues to meet to help members tackle the key sales issues surrounding PPI and to lobby for members’ interests in the continued work of the two regulators.
Home Information Packs (HIPs)
A HIP will be needed for every residential property sale from 1 June 2007. AMI has kept members informed of developments along the road to their implementation and the HIP Working Group was set up to provide information to AMI members on the information needed in each pack, how the packs might impact on their business and how they could prepare for them.