AMI publishes T&C factsheet

The FSA’s report urges firms to review their training and competence (T&C) procedures to ensure they are appropriate and are being properly used by the firm. AMI’s factsheet, Achieving and evidencing competent mortgage adviser status, aims to provide straightforward steps for mortgage intermediaries to design, implement and monitor a T&C scheme for their mortgage advisers. The key steps outlined in the factsheet are: Establishing the competencies, knowledge and skills required; Setting recruitment standards; Identifying how and when competence will be assessed; Setting standard...