July 2023 Latest FOS complaints – AMI comments

Latest FOS complaints that may be of interest to mortgage intermediary firms, including AMI’s comments…
Group insurance policies

We are aware some mortgage intermediary firms may provide advice on group insurance policies, although this is typically a niche advice area in our sector…
Supporting customers in financial difficulty – insurance

The FCA has issued guidance on supporting insurance customers in financial difficulty…
Are you a second charge broker?

With the Consumer Duty in mind, the FCA plans to carry out work in the second charge market…
FCA to launch an updated Form A

The FCA has confirmed it will be launching an updated Form A for public testing later this year…
PII – requirements for principal firms

Recent FCA analysis has shown that some firms do not have adequate PII – we remind firms of the requirements…
Consumer Duty monthly blog – July 2023

In this month’s AMI Consumer Duty blog – Let’s talk about risk, and what it really means to ‘avoid causing foreseeable harm’…
AMI updates its guidance to member firms on operating outside the UK

Following discussions with a range of firms, AMI is updating its information on circumstances where firms might be operating outside the UK…
FCA issues Building Safety update for mortgage intermediaries

The FCA has shared an update with us to clarify where brokers stand when advising customers buying or selling a leasehold property with building safety issues…
AMI updates its Consumer Duty Q&A

With less than a week to go until Consumer Duty comes into force on existing products and services, AMI has updated its Q&A document…