Local authorities missing out on electric car charge-point funding
The DfT has described take-up of the On-Street Residential Chargepoint Scheme as “extremely disappointing”, after it emerged that just five councils in the UK have taken advantage of the electric car scheme.
Motor Finance Specialist Apprenticeship approved for delivery
The Motor Finance Specialist Apprenticeship has gained its final approval.
Automated and Electric Vehicles Bill presented to Parliament
The Automated and Electric Vehicles Bill has been presented to the House of Commons as part of Government’s efforts to put the UK at the forefront of the driverless car market.
FCA publish results of their Financial Lives Survey 2017
Financial Lives is the FCA’s largest tracking survey of consumers and their use of financial services, drawing on responses from just under 13,000 UK consumers aged 18 and over.
Apprenticeship Assessment Plan submitted to Government
Our Motor Finance Specialist Apprenticeship Standard gained Government approval in July, and we expect the Department for Education (DfE) to approve the assessment plan during the autumn.
FCA launches motor finance web page
The FCA’s new motor finance web page mentions four specific areas of work that the regulator will focus on in the car finance sector:
FCA publishes consultations on assessing creditworthiness and staff remuneration
Long awaited FCA reports and follow up consultations on assessing creditworthiness and staff incentives and remuneration have been published.
FLA and UK Cards Association publish further Vulnerability Guidance
A new publication providing guidance for lending to vulnerable customers has been published by the FLA and UK Cards Association.
Under the spotlight: Product suitability – ensuring the customer gets the right finance product
One of the main areas the FCA will be assessing as part of its motor finance work is whether consumers are getting the finance product that best suits their circumstances. With a number of different options available, establishing the right product is a key responsibility of customer-facing staff.
DVLA to launch new digital driving licence
In its recent 2017/18 Business Plan, the DVLA confirmed that it will launch a service to allow drivers to view their driving licence on their smart phone.