BECOME A MEMBER AND ENJOY ALL THIS...
A greater involvement in public affairs
Join us and help to engage key groups and individuals and influence legislation so that the mutual sector remains strong and continues to flourish. AFM represents the mutual sector to the Financial Services Authority, the UK Treasury, UK Politicians and the European Union, as well as to other national and international organisations.
Access to positive PR
AFM engages with the financial, trade and consumer media to communicate the understanding and awareness of the mutual sector.
Networking opportunities
Amongst AFM members you’ll find a unique willingness to be open and to share best practice, knowledge and professional insight. You’ll also be invited to various networking sessions where you can learn from others and develop a shared understanding of key issues.
Advice on training and development
Get up to speed with sector-specific issues such as Corporate Governance and Solvency II and gain invaluable insight into more general subjects such as decision-making for directors and public relations. AFM encourages continuous training and professional development of all those involved within the sector.
Research and intelligence
Benefit from AFM’s unique research into trends relating to the mutual sector. Early stage involvement ensures that AFM is up-to-speed with the implications for the industry and able to influence future legislation.
Access to reports
AFM provides detailed and industry-wide insight into key topics and trends through intelligence gathering and unique connections to mutual insurers in the UK and abroad.
Advice and guidance
AFM has developed an Annotated Combined Code for mutual insurers (ACC) to give our members guidance on running their organisation. This is consistent with the UK Corporate Governance Code which all UK listed companies must comply with.
Each year you can assess your organisation’s compliance with the ACC to check whether you are following our guidelines. If there are any aspects of the guidance you are unable to comply with, you may report on these in your annual reports.
Up-to-the-minute publications
AFM publishes a range of regular member updates, ranging from general sector issues, to more targeted information on regulation, politics and taxation. We also circulate regular magazines to a wide range of external organisations that have an interest in and/or directly impact mutual organisations, including politicians, media and other parts of the financial services industry.
A new route to the consumer market
AFM acts as a vital source of information to people considering buying a financial services policy. As a member, your organisation will be listed on our website. We have also developed a unique and valuable site for consumers: www.ownedbyyou.org, as well as our financial education sites, www.funtosave.org and www.savingsquard.org, raising the profile and promoting the benefits of financial mutuals.
July highlights:
- Update from the Chief Executive
- Eleanor Linton, FSA's Head of Retail Life on PRA supervision
- Public attitudes to funding healthcare
- Open Market Option must be compulsory
- The dividend drag, 2010
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