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CAR RETAILERS PPI SALES STANDARDS GREATLY IMPROVED - PAYMENTCARE.CO.UK WELCOMES LATEST FSA FINDINGS

MOTOR dealers hold the key for providing the best payment protection insurance (PPI) to car sales customers, says independent PPI provider Paymentcare.co.uk

Commenting on today’s announcement by the Financial Services Authority* on the selling standards of Payment Protection Insurance(PPI), Shane Craig, managing director of Paymentcare.co.uk, said:

"The FSA has acknowledged clear improvements in the sales standards of motor retailers and I would urge all dealer principles to be proactive in arranging their own regular monthly premium PPI policies, which is something that Paymentcare is actively supporting and willing to provide.

"Sourcing a PPI product that suits the customer's needs best should be a priority for all dealerships. The FSA's findings on positive changes in PPI sales processes amongst motor retailers mark the right way forward to achieve a standardized top level of PPI sales excellence."

Dealerships which would like to find out more about the options open to them should contact Paymentcare.co.uk on 0870 428 4088.

http://www.fsa.gov.uk/pages/Library/Communication/Speeches/2007/0314_sk.shtml