The Association of Mortgage Intermediaries (AMI) has published an ideas document resulting from an in-person protection workshop in April 2023. The workshop involved a selection of mortgage intermediary firms including L&G, Royal London, the Protection Distributors Group (PDG) and the Income Protection Task Force
The Association of Mortgage Intermediaries has launched a five-point protection action plan aimed at “propelling the industry forward, at a time when the UK consumer needs our advice and solutions more than ever”. The plan is part of the body’s third annual Viewpoint Report on protection within the mortgage
Advisers believe the Consumer Duty will increase focus on protection although levels of engagement with products remains low among IFAs, according to the Association of Mortgage Intermediaries (AMI).
A significant portion of brokers believe that the new Consumer Duty regulations will focus on protection, a survey carried out by the Association of Mortgage Intermediaries (Ami), Legal & General, and Royal London shows. In total, 44% of 254 mortgage advisers and independent financial advisers reported this, with