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17 June 2024 

NETworking From Home

Motor finance redress: What the FCA’s plans mean in practice

9 December | 11:00 - 12:00 |  Zoom meeting

This discussion will be led by...

 

Kitty Wood

Head of Community

Credit Strategy

 

Joanne Davis

Co-founder and Director

Auxillias

 

Susan Poot

Group Chief Risk Officer

Virgin Money


 

NETworking from Home - Credit Strategy's new interactive series, where we bring our members together to discuss the critical topics and shape the future of finance.

 


 

The FCA’s proposed motor finance redress scheme has raised big questions for lenders, brokers and dealer groups. Many firms are already reviewing data, customer journeys and oversight arrangements but are unsure how to prioritise or where the practical risks sit.

 

Joanne Davis, Co-founder and Director at Auxillias, will walk through the key points from the consultation and share what we’re hearing across the market.

 

This session is about what the scheme means on the ground: who is in scope, how redress may be calculated, what firms need to gather now and where the pressure points will be once rules go live.

 

It’s a chance to compare thinking, sense-check plans and hear how others are preparing. 

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