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A winning CT Lottery ticket worth nearly $400,000 that was sold at a local gas station has been cashed in by one lucky area resident.On Monday, Oct. 4 in Hartford County, a Marlborough resident cashed in a
Mum, 35, dies of cardiac arrest leaving widower and two young children heartbroken Gemma O'Shea died suddenly in May of a cardiac arrest after missing several routine heart check-ups due to coronavirus Gemma O'Shea with her sons Finley and Mason (Image: Lee O'Shea) A devastated husband has paid tribute to his wife, and mum of two young children, who died suddenly of a cardiac arrest aged 35. Gemma O'Shea, who had a heart condition, died suddenly on May 11 after her in-person routine appointments were cancelled due to coronavirus. Her husband Lee O'Shea, who had been with Gemma for 14 years an...
Click the thumbs up > Tributes have been paid to MotoNovo head of strategic partnerships Peter Landers after he died following a three-week battle with COVID-19 coronavirus. The automotive sector finance business said in a statement issued this morning (January 7) that it was “with great sadness” that it had to announce the passing of the motor finance and industry stalwart at the age of 59. The statement revealed that Landers had “succumbed to this dreadful virus in the early hours of New Year’s Day”. Having worked at a senior level within The Associates, Capital Bank, Bank of Sco...
Click the thumbs up > As the Financial Conduct Authority (FCA) ban on all discretionary commission (DiC) models in motor finance approaches, what are the alternatives for automotive retailers? The ban, from next January 28, follows consultation in October 2019 which was expected to result in a final decision in Q2, before COVID-19 held-up the FCA’s decision-making process. Confirmation finally came through in July. FCA interim chief executive Christopher Woolard said back then: “By banning this type of commission, where brokers are rewarded for charging consumers higher rates, we will in...
Click the thumbs up > Motor retailers have just weeks to get their house in order before clearer rules referring to finance commission disclosure come into effect. By January 28, any dealer involved in brokering motor finance must have given “prominence” to the fact that they earn income from finance referrals. Upon knowing this, it is possible a customer might choose to make alternative finance arrangements. After the January date, retailers must include a disclosure statement in financial promotions or offers to customers. One consultant told AM: “The Financial Conduct Authority (FCA)...