Finance and insurance
Finance and insurance News
- VWFS launches direct to consumer car online lease service
- Vehicle Vision launch integration with Auto Service Finance
- Alphera launch new used car finance to offset carbon emissions
- FCA finance insight, Rainworth's growth and lockdown 2 impact in AM December magazine
- Car dealers’ online activity up 33% in first 10 days of lockdown
- Peugeot offers up to £8,100 off online car sales until end of 2020
- March 2021 could be the trigger point for new car price increases
- Startline Motor Finance secures £375m J.P. Morgan credit facility
- Consumer car finance defies September registrations dip with 7% growth
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How are motor retailers coping under SMCR?
The FCA replaced its ‘authorised person’ credit compliance system for car dealers with the Senior Managers & Certification Regime (SMCR) on December 9
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Dealers have weeks to argue against new FCA disclosure rules
Financial Conduct Authority says proposed rules on commission disclosure are designed to give buyers more clarity
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What’s next in the FCA’s commission crackdown?
A ban on interest-linked commissions will level the playing field, says Financial Conduct Authority
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Insurance add-on suppliers resilient in face of FCA attention
Leading insurance add-on companies aren’t blinking as the FCA takes increased interest
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Is cash king for car dealers?
Dealer groups are increasingly shedding debt and reviewing working capital practices to brace against falling sales and an unpredictable political landscape
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How the FCA motor finance review affects automotive retailers
The Financial Conduct Authority’s findings on commissions, information disclosure and affordability have big implications for the motor retail industry
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The case for full commission disclosure
FCA clarity on commission fees is good news, say most industry observers
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Funding your motor retail business in a market decline
Cost controls and transparent performance updates are essential to retain lenders’ confidence in a struggling economy
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Does FCA motor finance review spell the end for DiC schemes?
The FCA’s inquiry raised serious concerns about car dealers and brokers manipulating finance rates to increase commissions
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PCH vs PCP - How do the main finance types compare?
PCP accounts for more than 80% of the new car finance sold in the UK, but PCH is growing fast, mostly at the expense of hire purchase and personal loans
