Pink will pay the membership for every adviser that wishes to join in order to provide them with added value and a higher level of continued professional development.
Mark Graves, head of Pink Network, said: “Over the past four years we have striven to increase levels of protection and raise the standards of our advisers in Pink through constant training and development.
“In the Society of Mortgage Professionals and the CII we have found an organisation that feels as we do. They are not only a leading provider of professional training in financial services, but, like us, they believe passionately in the importance of protection for every client.
“Clients are at the heart of our efforts and this membership provides an ideal opportunity for us to increase the level of public confidence and trust in our network of advisers.”
Gary Little, head of operations and membership at the Society of Mortgage Professionals, added: “Pink’s commitment to its advisers is commendable. This step, in addition to its move to bring income protection to all, shows it to be one of the most forward thinking networks. The Society of Mortgage Professionals looks forward to working together with Pink and with its advisers to help raise professional standards that inspire consumer confidence and trust and ultimately improve the outcome for the client.”
Following the implementation of MMR the SMP was relaunched to provide focus and momentum for the professional development of all those working in the mortgage market. It provides a broad portfolio of services to help organisations nurture development within a culture of professional excellence.
Pink, through its collaboration with the SMP, is offering advisers additional training and development to raise the standards of advice that they can offer their clients. This training will be in addition to the high levels of training and compliance Pink already provides. Pink’s brokers will also benefit from discounted rates on mortgage qualifications including the CII’s Certificate in Mortgage Advice, Certificate in Equity Release and Certificate in Advance Mortgage Advice.
Through the membership with SMP, Pink advisers will set a new level of professionalism as they will be required to adhere to SMP’s code of ethics and qualified members will commit to an annual CPD. As members they will belong to a professional body comprising more than 115,000 individuals from across the global insurance and financial services sector.