All articles by Verdict Staff
Verdict Staff
New insurance rules published by FSA
New insurance rules published by FSA The Financial Services Authority (FSA) has cut the red tape in its Insurance Conduct of Business (ICOB) sourcebook, a move hailed as indicative of a shift towards principles-based regulation by Dan Waters, the FSAs director of Retail Policy and Themes Waters said: Some of these new measures will apply to all protection products including a new standard to ensure better oral disclosure of key information about policies to help consumers make informed purchasing decisions.
Motor Spy
The NACFB awards dinner which took place on November 9 honoured the stars of the broking world, with Lombard winning best Asset Finance provider and its fleet arm Lombard Vehicle Management winning the gong for best Motor Vehicle Finance provider
Financing across borders
Financing across borders Neil Kennett talks to dealers, captives and banks to get an idea of the wider European picture Consumers in Central and Eastern European countries are showing a great appetite for big-brand vehicles such as BMWs, Fords and Toyotas In Western Europe, meanwhile, mature markets present their own difficulties for lenders and dealers.
Leap in demand for new registration cars
Leap in demand for new registration cars Consumer research undertaken by AA Personal Loans has found that one in three motorists (33 per cent) plans to buy a brand new car in the next twelve months
Carrier Letter
The turmoil in the wider financial markets has certainly had its impact on the world of consumer auto finance, and corporate fleet leasing The dramatic news that Lloyds is to take over HBOS would have been unthinkable even a year ago; how the motor finance and fleet arms of both banks will be affected remains to be seen
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On the move
Steve Green has been promoted quality and environment manager at Lex He will have responsibility for developing and implementing campaigns within Lex to deliver quality and environmental systems which achieve accreditation for ISO 9001 and ISO 14001 standards – which Lex first gained in 1998 Green has been with Lex for some 13 years with the last two years dedicated to project Avalon, the incorporation of the Godfrey Davis fleet into the Lex portfolio.