Consultation Papers

Below is a full list of recent consultations that the RMI have submitted responses to. Alternatively, you can click on the links below to search for consultation responses relevant to a specific policy area, or search by date using the navigation to the right of the screen.

PLANS AND BUDGET 2013-2014: FINANCIAL OMBUDSMAN SERVICE

The NFDA has submitted a response to the Financial Ombudsman Service’s (FOS) annual plans and budgets consultation. The paper sets out the ways in which the FOS will tackle; demand for the service – and the financial implications of these, future developments, and overall budgetary considerations. The consultation is looking at the plans and budgets for 2013/2014. The NFDA has submitted a response to the paper that reflects the growing concerns surrounding Claims Management Companies (CMCs) and the handling of PPI complaints. The NFDA has submitted that the process of handling PPI complaints is unnecessarily and detrimentally lengthy and raised concerns with the FOS’s proposal to increase its staff members without assessing staff training. Furthermore, the NFDA has raised, with considerable emphasis, concerns surrounding the disproportionate methods in which the charging structure for claims is levied upon businesses. The NFDA has stated that it is not disproportionate for all users of the FOS to cover the costs of additional FOS resources because of claims created by a minority.

Click here to download the NFDA response

EXAMINING THE SPEED LIMIT FOR HGVS OVER 7.5 TONNES ON SINGLE CARRIAGEWAY ROADS (DFT)

The Department for Transport released the above consultation to assess current speed limits for 7.5t HGVs on single road carriageways. Two policies of reform have been proposed. The NFDA is in full support of policy option one which states: Raise the national speed limit for HGVs over 7.5t from 40 to 50 mph on single carriageways roads. It is felt that through increasing the legislative speed limit, this will enable unfair competitive advantages with the market to be equalised and aid the reduction in vehicle collisions and mechanical maintenance costs.

Click here  to download the NFDA response

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