V12VF | Consumer Duty | April 23 - Flipbook - Page 14
Distribution strategy
These Products are distributed through motor dealers and brokers who are FCA authorised firms. The Products are
designed to offer prime, point-of-sale finance for used car purchases in the UK market, whether physical on site or
distance selling.
You are required to:
•
Have distribution arrangements for the product(s) which avoid causing foreseeable harm to the customer, support
management of conflicts of interest and ensure the needs, characteristics and objectives of the target market are
taken into account.
•
Understand the product(s) you are distributing.
•
Identify or create your own strategy for the distribution of the product(s) and ensure it is distributed in accordance
with the identified target market.
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