Advisers the key to PPI survival - AMI

The AMI says mortgage advisers offer the best avenue for consumers to find the most appropriate deal for PPI and mortgage payment protection insurance (MPPI). The Association has spoken out following a damning report published yesterday by the Competition Commission, which ultimately suggested selling PPI at the point of sale of another product should be banned. Richard Farr, AMI director, says intermediaries have a key role to play in advising consumers about an important insurance product. “We believe that the important role of intermediaries in the advice process has not been fully...