Honda Financial Services – Discretionary Commission Arrangement Enquiry

Hi all

If I've received this email, do I trust it and let the matter rest?

"Thank you for your enquiry regarding a potential discretionary commission arrangement between Honda Financial Services and the dealer you purchased your vehicle from.

From the information you have provided, we have completed our investigation and believe there is no discretionary commission arrangement on your agreement(s) with us and as a result, you are not impacted by the Financial Conduct Authority investigation into historical motor finance commission arrangements."

Comments

  • dunstonh
    dunstonh Posts: 119,314 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 11 March 2024 at 1:22PM
    If I've received this email, do I trust it and let the matter rest?
    yes you trust it and you let it rest

    if they lie, it is fraud.  Are you suggesting they are attempting to commit fraud or do you have evidence to the contrary that they may be "mistaken"?

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • SKHN
    SKHN Posts: 6 Forumite
    Fifth Anniversary First Post Combo Breaker
    Good point.  I'm just cynical.  I'll just file it now,  Thank yoy
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