Finance companies to take rap for shop staff errors

Finance companies could be liable for the behaviour of shop assistants working for their retail partners once new regulations governing financial advice are implemented.Under the Financial Advisers Act consumer credit contracts are classified as a categor

Niko Kloeten
Fri, 29 Jan 2010

Finance companies could be liable for the behaviour of shop assistants working for their retail partners once new regulations governing financial advice are implemented.

Under the Financial Advisers Act consumer credit contracts are classified as a category two financial product, meaning those

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