Ban on car retailers’ interest-linked commission could save consumers £165 million a year

Ban on car retailers’ interest-linked commission could save consumers £165 million a year

Ban on car retailers’ interest-linked commission could save consumers £165 million a year

The FCA says that commission creates an incentive for brokers to act against customers’ interests

Stephen Little
Tue, 10/15/2019 – 09:54

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The UK financial watchdog is banning car retailers and brokers from taking commission sales linked to interest rates, potentially saving buyers £165…

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