View more on these topics

KRS shows support by joining AMI

Key Retirement Solutions has joined the Association of Mortgage Inter- mediaries just one month before its equity release working party is due to vote on becoming a permanent fixture within the trade body.

Working parties within AMI have finite lives, but the next AMI working group meeting will be to discuss the creation of a separate equity release body under the AMI umbrella.
Although it is not yet clear what structure the working group will take if the vote is positive, Rob Griffiths, associate director at AMI, says it may be given its own name while operating with the clout of AMI behind it.

Colin Taylor, managing director of KRS, says one of the reasons it didn’t join AMI sooner was because it wasn’t sure if it would be a good enough voice for the equity release industry.
However, following the establishment of AMI’s equity release working party and press reports that this could be made a permanent fixture, it has decided to support AMI in encompassing the equity release community.

He adds: “We have seen AMI’s commitment to the equity release market over the last year. With the number of advisers we have it’s a sizable financial commitment for us, which is a sign of the importance KRS places on this new division within AMI. We think it’s high time equity release advisers got their own dedicated voice.”

Griffiths adds: “We’re delighted to welcome KRS as a new member of AMI. We are a strong supporter of the equity release market.”

Recommended

Industry must cooperate to integrate

Technology has revolutionised the application process for mortgages. It’s now not a matter of if the goal of instant mortgage offers will be achieved but when. But all companies involved in the mortgage industry need to apply this same level of technological innovation and imagination to every area of the process for the market to advance.

AHIPP launches code of practice

AHIPP is putting in place a code of practice for the whole Home Information Pack for its members. Pack providers will be able to sign up to the voluntary code from late September this year.Mike Ockenden, director general, AHIPP , says: The government has already announced that they will be regulating all Home Inspectors – […]

MS unearths legendary Montlake album

In a moment equal to when the lost John Lennon recordings were rediscovered, Mortgage Strategy has unearthed a copy of Cobalt Capital partner Andrew Montlake’s legendary lost album The Temple Sessions. One of the 10 CDs that Montlake made in 2000 arrived at Mortgage Strategy’s offices last week. The album is a series of romantic […]

Standard Life fills marketing role

Standard Life has appointed Allison Crawford as sales and marketing director. Crawford previously worked at Standard Life Bank as head of its customer proposition.

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations

Newsletter

News and expert analysis straight to your inbox

Sign up