The Association of Policy Market Makers (APMM) consists of member firms who buy and sell with-profits endowments and whole-of-life policies.

The Association was founded in April 1992 to:

  • Promote awareness and understanding of the TEP market;

  • Ensure that the highest professional standards are maintained by members and that they adhere to the Association’s Practice Guidelines;
APMM and all its members are regulated under the Financial Services and Markets Act 2000 by the FSA. They all have well–established trading records and also carry Professional Indemnity Insurance.

Association members source and analyse appropriate policies, which are then offered for sale as investments. Apart from one auctioneer, the members are Market Makers – buying or selling on their own account or as agents for third parties on whose behalf they have authority to execise discretion.
APMM - The Association of Policy Market Makers
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