Articles

Member Area
August 17 – Still paying for the bad apples

BY AMI

Contributions to the Financial Services Compensation Scheme continue to unfairly dwarf the other elements of firms’ regulatory bills. The invoices received last month reflect the predicted compensation costs for 2017/18. While these may be less than last year’s combined invoice [...]

1 year ago / No Comments

16

AUG

No

Comments

July 17 – Where is our regulator?

BY AMI

The FCA has confirmed regulatory fees for the next year and firms will receive their invoices over the coming weeks. The 10% decrease in the FCA’s periodic fee for mortgage intermediaries is welcomed. However, this was due to the FCA [...]

1 year ago / No Comments

24

JUL

No

Comments

July 17 – The second half

BY AMI

As Brexit now assumes inevitability, we are beginning to see firms that need a European trading hub deciding where they will relocate some core activities. They will delay transfer as long as possible in case deals are agreed, but without [...]

1 year ago / No Comments

24

JUL

No

Comments

July 17 – Later Life Borrowers

BY AMI

There is a lot of effort going into addressing the issues faced by older consumers, and it is encouraging that the industry is making such positive steps together in this area. It is also very timely considering the FCA’s current [...]

1 year ago / No Comments

14

JUL

No

Comments

June 17 – Digital innovation through the lens of technology

BY AMI

Innovation in the mortgage market has been a key focus in the past 12 months with emerging firms issuing glossy PR and the FCA opening up its regulatory sandbox for risk free advice. In addition it is clear that the Mortgage [...]

1 year ago / No Comments

21

JUN

No

Comments

June 17 – Cyber risks

BY AMI

The global spread of the WannaCry ransomware last month should be a wake-up call for businesses to review their cyber security infrastructure, as no sector or type of firm is immune from attacks.  This is particularly relevant considering the implementation [...]

1 year ago / No Comments

21

JUN

No

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June 17 – The rising tide of consumer credit

BY AMI

Following various high profile warnings over rising consumer debt, the Financial Conduct Authority has said it will review the sector. This covers credit cards, personal and unsecured loans and car finance, the latter of which has ballooned in recent years [...]

1 year ago / No Comments

21

JUN

No

Comments

May 17 – Shifting Markets

BY AMI

Speculation over the stability of the UK economy, following Brexit and the decision to call a General Election, is rife. [...]

2 years ago / No Comments

19

MAY

No

Comments

May 17 – Wider conversations with customers

BY AMI

There have been a number of recent changes in the market that impact the wider conversations that advisers have with customers and AMI has been providing guidance to members. This includes the recent introduction of the Lifetime ISA (LISA) and [...]

2 years ago / No Comments

19

MAY

No

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April 17 – Should Seconds be First?

BY AMI

The Association of Finance Brokers (AFB), the trade body for second charge mortgage brokers, have an election open from 18 April to 5 May to elect their representative to the AMI Board. With four experienced candidates, the membership is spoilt [...]

2 years ago / No Comments

19

APR

No

Comments