AMI in talks over launch of protection trade body

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The Association of Mortgage Intermediaries (AMI) has entered discussions with a number of stakeholders over the launch of a trade body for protection.

Industry experts are calling for the formation of a specialist trade body to fill the need in the protection industry for a unified voice. Protection broker and adviser LifeSearch has stated the industry needs greater representation, a call backed by Aviva and Garry Heath, the former leader of the IFA Association (now the Association of Professional Financial Advisers). The AMI confirmed it is in talks with various parties about potentially forming a protection arm. Robert Sinclair, chief executive of AMI, said: "We are looking at how this could be possible. We are reviewing how it...

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