High time for finance

With the Financial Services Authority regime looming, the regulatory case for signing up with a premium financier is gathering momentum, reports Rachel Gordon

To paraphrase words often used by the Financial Services Authority, premium finance helps brokers maintain efficient, orderly and clean accounts. If this is the case, though, why aren't more of them taking advantage of a market where providers are practically falling over themselves to offer good commission, service and competitive deals?

It seems many brokers are reluctant to change their existing ways of doing business. According to Rob Fry, sales and marketing manager for Amber Credit, there

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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