Tag: FCA

Broker News Newsletter 13 July 2021

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BCH set for strong growth   IF you offer business contract hire, then you’re in the right place. If you don’t, you had better start thinking about how you can incorporate it in your brokerage. That’s the finding from broker funder Arval, which says it expects contract hire operating leases to boom, with fleets surveyed expecting to either increase the amount of BCH…

Higher broker FCA fees confirmed

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BROKERS will face higher Financial Conduct Authority (FCA) fees from this month when invoices will start appearing from the regulatory body. In particular, the consumer credit fees for regulated business goes up to a minimum of £1151, while business principals with Appointed Representatives (ARs) will have to pay a much higher figure of £250 for each AR on their books. The changes…