Add-ons: the next PPI scandal?
OFT’s call for evidence on ancillary products in private motor could uncover wide-spread mis-selling
The press, both trade and national, have devoted plenty of column inches to the issue of referral fees and their proposed governmental ban. Although revenue derived by brokers from referral fees is, in some cases, significant, brokers have been warned that the real legislative threat to their businesses is the Office of Fair Trading’s (OFT) investigation into the private motor market.
The OFT has asked for evidence around the role of aggregators; the provision of credit hire replacement vehicles
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