In this latest '5 Minutes With' interview, I ask Alphera Financial Services director Alex Royall about some of the work UK motor retail is doing ahead of changing FCA regulation, including affordability checking when a consumer wants to buy a car.
Law firm Walker Morris has appointed Russell Kelsall as a partner and head of consumer and motor finance in its regulatory team.
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
The Finance and Leasing Association (FLA) has called for reform of the Consumer Credit Act to be “comprehensive” as consultation on the plans opened today (December 9).
The Financial Conduct Authority has had concerns about unregulated 'buy now pay later' (BNPL) products for some time, and now it has issued a blunt warning to firms about their advertising of such offers.
The Finance and Leasing Association’s chairman has urged the sector’s regulators and policymakers to work more closely with the industry and ensure motor and asset finance is able to help the UK reach its zero emissions goal.
The new head of the Finance & Leasing Association (FLA) has urged reform of the 45-year-old Consumer Credit Act because it "is failing consumers" and is unfit for modern finance provision.
The Financial Conduct Authority (FCA) has launched a 'Call for Input' on a planned review of retained provisions of the Consumer Credit Act 1974.
