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SAF Testing

Peak Consultants are trusted partners to many main dealers in the motor trade industry. As consultants dedicated to enhancing professionalism and compliance in the automotive sector, we are proud to offer SAF Testing services; a crucial step for dealerships with customer-facing staff involved in the sale of motor finance.

What is SAF Testing?

SAF Testing, or Specialist Automotive Finance (SAF) Test, is a comprehensive accreditation program designed to ensure that professionals in the motor trade possess the necessary knowledge and skills to responsibly handle motor finance transactions. Developed by the Finance and Leasing Association (FLA) in collaboration with industry experts, SAF Testing sets the standard for excellence in automotive finance knowledge.

Why is SAF Testing Important for Dealers?

In the dynamic world of motor finance, where regulations are constantly evolving, it is essential for dealerships to stay ahead of the curve. SAF Testing provides a structured framework for individuals to deepen their understanding of finance-related aspects within the automotive industry. Here’s why all dealers with customer-facing staff engaged in motor finance should prioritise SAF Testing:

  1. Legal Compliance: SAF Testing ensures that your staff is well-versed in current financial regulations, reducing the risk of legal complications and ensuring that your dealership operates within the bounds of the law.
  2. Enhanced Customer Trust: By having SAF Test-accredited professionals on your team, you signal to customers that your dealership is committed to transparency, ethical practices, and providing a secure financial experience.
  3. Reduced Financial Risks: Knowledgeable staff can navigate complex financial transactions more effectively, minimizing the risk of errors and financial disputes that may arise from a lack of understanding.
  4. Industry Recognition: SAF Testing is widely recognized in the motor trade industry, and accreditation demonstrates your commitment to maintaining high standards of professionalism.

Why Choose Peak Consultants for SAF Testing Accreditation?

At Peak Consultants, we understand the importance of staying competitive and compliant in the motor trade sector. Our team of experts is SAF Tested accredited, and we are dedicated to helping dealerships like yours achieve the same level of expertise. Here’s what sets us apart:

  1. Tailored Solutions: We offer customized SAF Testing preparation programs, ensuring that your staff receives the specific knowledge and skills relevant to your dealership’s operations.
  2. Proven Success: Our track record of successfully guiding dealerships through SAF Testing speaks for itself. Join the ranks of industry leaders who have elevated their expertise with Peak Consultants.
  3. Ongoing Support: Our commitment to your success extends beyond accreditation. We provide ongoing support to keep your team informed about industry changes, ensuring continuous compliance.

Elevate your dealership’s expertise and build trust with your customers through SAF Testing accreditation with Peak Consultants.

Our areas of work include

  • Automotive / Motor Dealerships
  • Banks
  • Corporate governance and compliance
  • Financial institutions
  • Financial services and regulation
  • Regulation and investigations
  • Risk advisory

 

Our team covers key global financial services centers and contains individuals who have held senior risk and compliance positions in global institutions, as well as former regulators

We work in partnership with our clients enabling us to provide a full service, combining deep regulatory knowledge with practical industry experience

Our methodologies and solutions are tailored to each assignment and client and consider the regulatory environment and the client’s business model, commercial aspirations, risk appetite and internal governance

By understanding the needs of each specific client we can tailor our teams accordingly, ensuring that there is sufficient practical and technical knowledge and experience applied to each project

Related Compliance Specialisms

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