Two apparently diametrically opposed views of the likely extent of redress over car finance commissions were given. On his ITV Show, Money Show Live, Martin Lewis suggested that the FCA had indicated that if there is to be redress, finance companies will process it automatically. Just hours earlier, at a meeting of the Treasury Select Committee, Lloyds Banking Group’s CEO Charlie Nunn stated that there was no evidence of harm.

What to expect from the Supreme Court's motor finance commissions case and how finance companies can prepare for FCA redress guidance

In September 2024, the Financial Reporting Council published new lease accounting rules that many UK companies are required to...

he underlying issues in the motor finance market are economic, but the mechanisms being used to attempt to resolve them are legal.

It may initially seem counter-logical but in this article, I set out why taking around 25,000 'secondary' credit brokers outside of FCA regu

Ideas on how business asset finance providers should respond to the Court of Appeal commissions case

A commentary on the Court of Appeal judgement on motor finance

Today’s FCA Final Notice to Volkswagen Financial Services (UK) Limited leaves little doubt that VWFS made some major errors in its collectio

A summary of key points in the Asset Finance 50 report about the future of the UK asset finance industry.

©House of Commons Fed up with the negative coverage of the political parties battling it out for seats in the House of Commons? It’s...

The Asset Finance Connnect summer conference discussed personal guarantees, claims management companies and broker commission disclosures.

In May Peloton launched a new rental scheme in the UK. Possibly more out of necessity than choice, it is a bold and innovative leasing model

This article was published by Asset Finance International on 19 February 2024. For comments from readers please see LinkedIn here....

As reported last week by Asset Finance International, the Federation of Small Business (FSB) has submitted a ‘super-complaint’ to the...

At the latest of Asset Finance Connect’s highly insightful industry conferences last week, a wide range of policy-related topics formed a...

Many business finance firms, probably the majority, have already left the regulated market (loans to unincorporated businesses that do...

Yesterday the Government published detailed figures on the performance of loans issued under the COVID-19 loan guarantee schemes,...

In case you missed it over the August holidays, the first significant legal case against motor finance providers over commissions has...

Monday marks the start of the FCA Consumer Duty regulation. Having helped around 20 smaller broking firms to prepare for it (taking the...

Those who can remember studying economics at school, or anyone with a more recent interest in the subject, will be aware that markets can...