Terms & Conditions
Treating Customers Fairly
Motorway Direct Plc is committed to the rules and general principles of the FSA and has close links with its clients.
We have excellent recording and administrative systems and regularly review staff competence.
It is our belief that all of the above embodies TCF. On an ongoing basis, we have the advantage of using external consultants who assess our strengths and weaknesses in terms of TCF.
If a customer requires information, we will be open and responsive to their request, replying in a timely manner. We will be mindful of the need to review customer information to ensure its accuracy and to comply with the Data Protection Act. This will enable us to respond fairly to our customers in the unfortunate event of a customer dispute.
At all times we will ensure that client data remains confidential.
Disputes and complaint handling
We already have in place a written complaints procedure that every member of staff has read and understood. It is important that disputes are handled sympathetically and that Motorway Direct is open and honest about its mistakes. We recognise that a well-handled complaint can prevent a potentially difficult situation escalating and can ultimately retain customer loyalty.
We will be open in our complaint handling procedures and inform customers of areas outside of their complaint, if applicable, where we may have discovered errors of which they may not be aware. A complaint does not automatically lead to compensation, putting the matter right and offering an apology may often be more than enough. Customers readily accept that errors occur and in many cases are gratified that a firm will accept that they are fallible and keen to rectify the situation.
We acknowledge that the dealings of all staff affect whether customers are treated fairly. Having members of staff who are adequately trained and mature enough to acknowledge whether a task is outside their expertise is important in this regard. Continuous professional development is important for all members of staff to maintain skills and competence. We also encourage our staff to obtain professional examinations.
Information from insurers/providers
It is important that representatives and their administrative staff understand and consider documentation supplied by insurers, to ensure that they fully understand the features and risks associated with the product being recommended. Representatives should also be in a position to make an informed judgement on the content and opinions expressed in any insurer's/provider's literature.
Keeping up to date
Our Compliance Function will continue to monitor further FSA guidance, to ensure that TCF is consistently built into the overall culture of the business, at all times.