BROKER NEWS has been appointed the official media partner of the BVRLA Leasing Broker Conference 2020. The Broker News logo will appear on all event branding and will carry stories about the event. Editor of Broker News, Ralph Morton, said: “I’m delighted we can work with the BVRLA to communicate the event more fully. We will work to amplify the event’s bespoke…
THERE are familiar faces at the BVRLA in new places with new responsibilities. Former director of communications and external relations, Toby Poston (above), has been promoted to director of corporate affairs. While Toby will continue to oversee the BVRLA’s communications and research activities, his main focus will be on the association’s policy policy work, government engagement and events. Meanwhile Amanda Brandon (below)…
THIS year’s BVRLA Leasing Broker Conference takes place on May 20, 2020. It will be held that the Royal Institute of British Architects, 66 Portland Place, London, W1B 1AD (pictured above). The event will start at 10am and closes at 3:30pm. It will be followed by further networking with a post-event drinks reception. So make a date for your diary now! Photo…
THE BVRLA has issued some useful help and guidance for leasing brokers meeting the compliance terms required for the Senior Managers and Certification Regime (SM&CR). From January 2020, the BVRLA said it would be monitoring compliance as part of its broker audit programme. Five tips for SM&CR compliance 1 Stay up to date with FCA permissions If brokers have the incorrect Financial…
THE continuing popularity of PCH has increased the number of contracts written by brokers during H1 2019. Latest statistics from the BVRLA show that total number of vehicles on contract at end June 2019 was 338,111 – an increase of 35,699 year on year, representing 12% growth year-on-year. Regulated PCH accounted for 23% of this additional growth, while non-regulated BCH on vans…
2019 was another year of the acronym – WLTP, CAZ, FOS, FCA, and how could we not mention another GE and Brexit? Regulation continues to be a focus for the committee and with the recent introduction of SM&CR regime the BVRLA has conducted a number of webchats to provide guidance and support. This area continues to be one of the major challenges…
THE BVRLA’s annual forecast shows that demand for sustainable vehicles and technology is high, but the industry is ready and waiting. The Industry Outlook 2020 report finds that the leasing industry is already prepared for next year’s expected fleet trends. Looking at issues such as electric vehicle supply, data access, garage capacity, and local transport policymaking, the Industry Outlook 2020 report analyses…
THE Financial Conduct Authority (FCA) has presented its views on commission models. The views were made at the recent BVRLA Leasing Broker Committee meeting on November 05, 2019 at the BVRLA’s Amersham HQ. The FCA, which is currently consulting on the banning of commission models that offer motor finance brokers and dealers an incentive to raise customers’ interest rates, provided clarification to…