Details have been released of the agenda for the ninth Annual Motor Finance Convention held by the Finance & Leasing Association (FLA), including a briefing on future regulation and talk from Kirstin Green, second in command at the Department for Business, Innovation and Skills (BIS).

Further guest speakers at the event, to be held on 22 November at the Williams F1 Centre in Grove, Oxfordshire, include; Graham Wheeler, MD of Volkswagen Financial Services (VWFS); and David Challinor, MD of The Funding Corporation.

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The convention will be the first chaired by Peter Minter, managing director of Moneybarn and appointed chairman of the motor finance division of the FLA in May.

As with last year, Stephen Sklaroff, director general of the FLA will speak after the opening address, reflecting on the “lobbying wins in 2012” and “likely challenges of 2013,” according to Paul Harrison, head of motor finance at the FLA.

Sklaroff will talk about the future of regulation, including the Financial Services Bill and the Financial Conduct Authority.

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Wheeler will follow with a broad overview of the captive finance sector including Treating Customers Fairly, customer retention management and the dominance of PCP.

Similarly, Mark Squires, chief executive of the 30-dealership Benfield Motor Group will host a session covering the “wider retail landscape and talking to customers,” said Harrison.

Later in the day, Challinor will be “heavier on TCF,” said Harrison, and speak from the experience of The Funding Corporation managing its own dealerships and thus having a greater control of the point of sale process.

With arrears and default levels low and steady since 2009, Claire Selridge, business development manager at collections agency Anglia UK will give her take on the likelihood of the bubble bursting and explain the behaviour of customers when faced with vehicle repossession.

Regulation and policy

Following Sklaroff, Green, deputy director for consumer and competition policy at the BIS, will give an update on current proposals being considered by the government, which Harrison called “fairly concerning for the motor finance industry”.

Innes McFee, from the Chief Economists Office, Lloyds TSB, will provide the equivalent wider synopsis of the economy given last year by Ruth Lea of Arbuthnot, particularly how UK fiscal policy has changed since then, how the eurozone feeds in to the UK recovery and what Lloyds are preparing for in 2013.

The last session of the day will come from Joanne Davis of law firm DWF including “practical cases to put to the audience” over responsibility for the standard and quality of vehicles sold.

The Convention will be sponsored by VWFS and the FLA expect between 100 and 110 attendees, 75 of whom are confirmed. The day will also feature exhibitions from the likes of HPI and Experian and end with running tours of the Williams F1 Centre.

richard.brown@vrlfinancialnews.com