The Financial Conduct Authority (FCA) has proposed mandating new tactics designed to help consumers shop around for insurance.
Driver training on the national curriculum could provide a welcome boost to the economy as well as road safety, campaigners have claimed.
The FCA is seeking views on whether the level of protection provided to SMEs in its handbook of rules and guidance is “broadly right”.
Tribute was paid to the “energy and resilience” of the car finance sector when Stephen Sklaroff addressed the FLA’s 12th annual Motor Finance Convention.
The Financial Conduct Authority has begun consultation on a raft of changes to PPI complaint handling rules.
Gareth Jones, president of the SMMT has urged Government to maintain the investment and support in the UK’s automotive industry ahead of its Spending Review.
Moneyway has confirmed it will start rolling out its product aimed at prime customers at the start of next year after piloting the idea since April.
Miscalculated mileage on finance products and non-maintained contracts could provide claims companies with their next target once the PPI window closes.
Dealers need to tackle the issue of sales commissions and incentives following the pending Financial Conduct Authority (FCA) investigation, dealers will be advised at this year’s AM F&I Compliance Conference next week.
Fears are mounting that diesel could be hit with tax rises in the chancellor’s Autumn Statement as the Government reacts to the Volkswagen diesel crisis.
The UK automotive industry will struggle to prepare for new General Data Protection Regulation (GDPR) due to a lack of consultancy services.
The IGA’s Trust My Garage (TMG) Consumer Code of Practice has received final approval from The Chartered Trading Standards Institute.
Nissan and Ecotricity have called on the Government to invest official signage across the UK for standard and rapid electric vehicle charging points.
The Government has been issued a stark warning about the critical skills shortage in the vehicle repair sector.
Dealers and manufacturers could face a shake up in the way they collect customer data online due to new General Data Protection Regulation (GDPR).
The majority of delegates at the Finance & Leasing Association’s (FLA’s) latest conference (62%) said they felt well prepared for the new FCA regulatory regime.
The variety of interpretations of Financial Conduct Authority (FCA) regulations by the motor industry can be confusing for dealers.
Dealers are likely to experience more intrusive relationships with their finance suppliers under stricter rules made by the Financial Conduct Authority (FCA).
GAP insurance sales were flat in September, according to data from supplier AutoProtect.
James Tew, Ivendi chief executive, believes the industry needs to be offering more choice for motor finance at point of sale to avoid further FCA regulation.
iVendi has updated its recently-unveiled online motor finance decisioning tool to make sure it meets new Financial Conduct Authority (FCA) requirements.
UK car dealers have recorded an 11% reduction in guaranteed asset protection (GAP) insurance sales this September.
Taxpayers who own Volkswagen Group cars will not incur higher VED if they are are found to be fitted with illegal software that manipulates emissions.
The Financial Conduct Authority is considering a deadline for claims over mis-sold payment protection insurance (PPI).
Changes to rules governing the sale of GAP insurance introduced on September 1 have already influenced consumer behaviour.
