Commission Disclosure for Regulated Clients
Financial Conduct Authority (FCA)
The Financial Conduct Authority (FCA) expects any intermediary to disclose to the customer that a commission may be payable by the owner or creditor to the intermediary, and, if the customer asks, the amount of that commission. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.
If you would like us to disclose any potential commission we earn:
In-line with new legislation, if you would like New Vehicle Solutions to disclose any potential commission please make your request to our office address or by Post:
FAO Administration Team,
New Vehicle Solutions Limited,
Alternatively, by emailing to firstname.lastname@example.org or by Telephone 01656 654321
New Vehicle Solutions Ltd is authorised and regulated by the Financial Conduct Authority, our firm reference number for consumer credit is 685872 New Vehicle Solutions Ltd is an Appointed Representative of AutoProtect (MBI) Limited which is authorised and regulated by the Financial Conduct Authority for Insurance Mediation, their reference number is 312143. We are a credit broker and not a lender.
We are permitted to conduct Credit Brokering, Debt-Adjusting and Debt-Counselling in connection with the whole or partial settlement of credit agreements for vehicle finance and consumer hire agreements.
Company Registration Number: 8572112 – VAT Number: 166595858 Registered Office: New Vehicle Solutions Limited, Tremains Road, Bridgend, CF311TZ
New Vehicle Solutions Limited does not and will not charge any fees for providing any Consumer Credit services.
New Vehicle Solutions Limited can introduce you to a number of finance providers, we may receive a remuneration if you enter into an agreement with them.
You can check this on the FCA Register by visiting the www.fca.org.uk or by contacting the FCA direct on 0300 500 8082
New Vehicle Solutions Limited will not charge any fees for providing any consumer credit services.
New Vehicle Solutions Limited can introduce you to a number of finance providers, we may receive a remuneration or commission if you enter into an agreement with them.
Calls may be recorded for training and monitoring purposes.
This policy is reviewed regularly and updated as required.
Adopted Date: 08/05/2015
Last Review Date: 23/03/2020