With only two weeks to go until the launch of this year’s AMI Protection Viewpoint, we share some of the insights gained from this year’s surveys…
With only two weeks to go until the launch of this year’s AMI Protection Viewpoint, we share some of the insights gained from this year’s surveys…
It’s only 4 weeks until the launch of the 5th Protection Viewpoint – Making Protection Personal – on 5th November. Register now for virtal live launch event…
Registrations are open for the Later Life Lending Summit, which takes place on 19th November in Sheffield – brought to you by AMI and the Equity Release Council…
With just over a month to go until the live launch of this year’s Protection Viewpoint, we would like to say a big thank you – register for your place now…
AMI Chief Executive Robert Sinclair gives his September update, including the housing market, the lender-broker relationship, the green agenda and more…
Latest FOS complaints that may be of interest to mortgage intermediary firms, including AMI’s comments…
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With just two weeks to go, we have issued a teaser for this year’s Protection Viewpoint: Making Protection Personal, with some preliminary findings from this year’s report.
Developed in partnership with Royal London and Legal & General, the report explores crucial themes including service standards, the impact of Consumer Duty, how customers review their protection needs, and perceptions of the advice process.
The study surveyed 3,000 consumers and over 300 advisers. Notably, 41% of advisers believe that Consumer Duty has improved the quality of consumer outcomes. Moreover, the research indicates that Consumer Duty has led to increased adviser engagement with protection insurance – 41% are having more protection conversations and 31% are discussing a broader range of protection products (up from 24% in 2023).
It also found a shift in consumers taking a greater lead in raising protection with their mortgage adviser. A fifth (21%) of those who took out a mortgage through a broker asked them about protection, compared to 11% in 2023. Four in 10 (44%) said their adviser raised protection with them compared to 50% in 2023.
© 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.
Please note that we are a trade body and, as such, we do not provide mortgage advice to individuals. If you require mortgage advice, please contact an FCA certified mortgage broker who will be able to discuss your needs and advise you fully of your options.
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