Mortgage advisers who are members of the LIA and plan to transfer into the Personal Finance Society proposed jointly with SOFA are being offered free membership of the Society of Mortgage Professionals.
The SMP has been set up by CII to promote professional standards among mortgage intermediaries. Some 1,000 such advisers should be eligible also for membership in the PFS (Personal Finance Society) when it launches, and exempt from the £30 fee, which otherwise applies. The SMP will open for membership by mid-November, giving access to mortgage-related exams, seminars, workshops and guidance notes. Guiding the Society’s activities is a board including Chris Cummings, director of the Association of Mortgage Intermediaries (AMI). The LIA says the free membership offer to its own me...
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