The FCA’s new Consumer Duty regime will require firms to focus on delivering good consumer outcomes, not just compliance, and it essential that all FCA-regulated BVRLA members are fully educated on the changes ahead of their introduction in April 2023.
In a recent speech Sheldon Mills from the Financial Conduct Authority (FCA) made it clear that the financial services industry has a role to play in helping consumers manage their personal finances during the cost-of-living crisis.
Members are reminded that, due to vehicle lead time extensions which result in manufacturer price rises and specification changes, it could be that vehicles around the £38,000/£39,000 price bracket may end up going over £40,000.
The Government has responded to a consultation on Brexit-related problems for specialist hauliers when taking equipment for events and tours into Europe.
BVRLA forums guarantee lively discussion, debate, and the opportunity to network with like-minded peers. The forums will be back to an ‘in-person’ format for the June dates and will continue to provide a unique opportunity to discuss the issues that are impacting your businesses and see how others are dealing with them.
Members who could not attend the recent BVRLA webinar, taking a detailed looked at all things EV batteries, from their use, future technology, to repair and warranty can now view the webinar online.
With more people travelling since Covid restrictions across the UK and much of Europe have eased, the upcoming Whitsun school holiday and Jubilee bank holidays are expected to lead to a surge of travellers heading abroad.
To help members prepare for the Financial Conduct Authority (FCA)’s major new regulatory update on Consumer Duty, the BVRLA will be hosting a special Industry Outlook webinar on Thursday 12 May at 9am.