New Chief Executive of AMI announced today

The Association of Mortgage Intermediaries has today announced that Stephanie Charman has been appointed as the new Chief Executive of AMI...

Your November 2024 mortgage & regulatory update

AMI's monthly mortgage & regulatory update, including FCA consultations, surveys and policy statements, and a new green mortgage advice webinar...

What can our market expect under a new government?

As AMI Chief Executive Robert Sinclair prepares to step down, he writes for Moneyfacts on what the market can expect under a new governement...

The Later Life Lending Summit is less than a week away – why should you attend?

There is still time to register for the Later Life Lending Summit in Sheffield on 19th November, brought to you by AMI and the Equity Release Council...

AMI’s new Protection Viewpoint Report: Making Protection Personal

This year's AMI Protection Viewpoint report calls for more personalised protection: Four-point action plan unveiled to help advisers engage better...
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FCA Consumer Duty Dear CEO letter – protection & GI

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We encourage firms that advise on protection and/or GI products to read the FCA’s Consumer Duty Dear CEO letter. Click here to access.

Whilst this letter is aimed at both insurers and intermediary firms, there are messages relevant to mortgage intermediary firms distributing these types of products.

The Consumer Duty goes wider than the enhanced product governance requirements that came into effect in this area of the market in 2021 and therefore even if firms believe they are meeting requirements set out in PROD 4, they should still include GI and protection products and services in scope of their wider Consumer Duty work.

Please see AMI’s dedicated GI and protection Consumer Duty factsheet for guidance.

© 2024 Association of Mortgage Intermediaries Limited.

AMI is the trading name of The Association of Mortgage Intermediaries Limited which is a company limited by guarantee, registered in England and Wales under the Companies Acts with number 7982341. Our registered address is Celixir House, Stratford Business & Technology Park, Innovation Way, Banbury Road, Stratford-upon-Avon, Warwickshire, CV37 7GZ.

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