Richard Hoggart, managing director of broker DSG Financial Services, has called for the motor finance industry to provide specific support for automotive charity BEN.

Hoggart used his speech at Frontline Solutions’ 3rd Annual F&I Conference and Awards Dinner on 11 October to air "some intense beliefs" about intermediaries in car finance.

Although Hoggart spoke of a fractious market of brokers, however, he called for unity under an operative ideal to "beat the contempt" for intermediaries and to "push up standards".

Part of this, he said, would be for brokers to participate in money-raising ventures for BEN in 2013.

As a result of the call to action, initial talks are now underway, confirmed Nigel Williams, commercial development manager for the charity.

PPI, market entry and dinner

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Other speakers on the day included Mark Hollinshead, director of Equity In Finance, who advised on the likeliest end to the payment protection insurance (PPI) furore, and why PPI was likely to continue as the target of choice for claims management companies, compared to GAP or responsible lending claims.

Peter Moat, managing director of the Blu Group, outlined the entry to market of Blu Funding with a £50m lending facility and a model which takes security from individuals’ future pension income.

Martin Fenton, Roger Gewolb, Nigel Armitage, Daniel Burgess and Fred Crawley also spoke in a day which emphasised community spirit in motor finance, followed by an awards dinner which raised £11,085 by auction for charity Childflight.

Further comment and analysis from Frontline Solutions’ 3rd Annual F&I Conference and Awards Dinner will be published in the October issue of Motor Finance magazine.

richard.brown@vrlfinancialnews.com