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Consumer Duty Resource Hub

FOR INTERMEDIARY USE ONLY

Supporting your regulatory requirements

In July 2023, the FCA launched a new principle for businesses, Principle 12, the Consumer Duty. This is the biggest change the FCA has ever introduced, and Evolution Funding wants to support your business in meeting its regulatory requirements, both now and in the future.

We have been working hard behind the scenes to gather information we can share with you, that will support you with your Consumer Duty implementation plan, from a variety of sources and firms across the motor industry.

This resource hub will be the home for all our Consumer Duty updates in the coming months, which we hope will include further details on useful resources and practical documents for you to use in your business.

Evolution Funding Credit Broking

Manufacturer to Distributor Information on Evolution Funding Credit Broking Service – Download

Lender Information for Distributors

A breakdown of information provided by our lender panel to fulfil the four outcomes defined in the Consumer Duty Framework.

Assessing Fair Price and Value for our customers – Download

Regulated Hire Purchase Information Sheet – Download

Unregulated Hire Purchase Information Sheet – Download

Unregulated Lease Information Sheet – Download

Accessory Loan Target Market and Fair Value Document – Download

HP (Regulated) Target Market and Fair Value Document – Download

PCP (Regulated) Target Market and Fair Value Document – Download

Settlement Loan Target Market and Fair Value Document – Download

Target Market Statements and Fair Value Assessment Outcomes – Download

Distribution Information – Download

Price and Value Assessment Information Sheet – Download

Distribution Information – Download

Introducer Price & Value Guidance – Download

Fair Value Assessment Summary – Download

PCP Product Information Sheet – Download

HP Product Information Sheet – Download

Advanced Payment Plan Information Sheet – Download

Dealer Comms – Download

Product Information Relating to Conditional Sale – Download

Product Information Relating to Personal Contract Purchase – Download

Information for Distributors – Download

Product and Distributor Information – Download

Distribution Strategy Process – Download

Price and Value Assessment – Download

PCP Product Information Sheet – Download

Regulated Hire Purchase Product Information Sheet – Download

Regulated Lease Purchase Product Information Sheet – Download

Fair Assessment HP – Download

Conditional Sale Product Information Sheet – Download

Prime HP and/or PCP Products – Download

HP Near-Prime – Download

Product and Services Guide – Download

HP Distributor Information Sheet – Download

PCP Distributor Information Sheet – Download

Standard Information Pack Covering Letter – Download

Standard Information Pack – Download

Product sheet – Motorhomes and Caravans – Download

Product sheet – Cars and LCVs – Download

Secured Hire Purchase Loan – Download

Distributer Communication – Download

SMF Introducer Guide – Download

SMF Hire Purchase Product – Download

Hire Purchase Information for Distributors – Download

Personal Contract Purchase Information for Distributors – Download

Consumer Duty Product Information Sheet – Download

Supporting Guides

An Introduction to Consumer Duty

Consumer Duty: Dear CEO Letter

Consumer Duty: FCA Podcasts

Consumer Duty Webinar

Customer
Support

Financial Promotions Guide

Financial Promotions Guide

FCA Changes
Dealer Health Check

GDPR: A Guide for Dealers

Guide to SMCR for Limited Scope Firms

Initial Disclosure Document: Guide

Initial Disclosure Document: Template

Price and Fair Value Assessment Template

Price and Fair Value Assessment Template Guidance

Sales Procedure
Guide

Sales Procedure Guide

External Resources

Firms able to support on a one-to-one basis

Consumer Duty for Dealers:

Burden or Blessing?

18th May 2023, 2.00-3.00pm