AMI will adopt a more influential position in a restructured association, and will participate fully in the programme to build a better trade body, with greater capability, and more research to influence policy and regulation.
There will be an elected Board that will govern the organisation. The structure will work on a college based system ensuring fair and balanced representation for all sectors of the advice profession, including mortgage intermediaries.
Building on its successes to date, AMI will continue to evolve to meet the needs of its members and will reflect increasingly the new regulatory world where Europe is increasingly dominant in its regulation of the UK market.
Stephen Gay, AMI Director General said:
"AMI enjoys a strong and growing reputation amongst policymakers for the depth of its expertise and has provided a consistent and respected voice for the mortgage advice community.
"We want to create an even better trade association which speaks with greater authority for our profession, improves its influence on policy and regulatory discussions and is better able to inform and consult with its members."
The strategic review has been carried out by the AIFA and AMI executive team, supported by the elected AIFA Council, and fully consulting the AMI Board.
