Find out more about the impact of this ban from Alex Ellerton
Motor finance finds itself in the FCA's headlights
Earlier this year the FCA banned motor finance discretionary commission models in the automotive industry. The regulator made this decision because it found that this option incentivised brokers to charge a higher industry rate. The FCA will start reviewing the actions of sample firms in September 2021.
Find out more about the impact of this ban from Alex Ellerton
