FSA Legal

Terms of Business (Initial Disclosure Document)

1. Financial Services Authority (FSA)

The FSA is an independent watchdog that regulates financial services. As we are involved in the sales of general insurance products we are required to give you this document. Use the information provided to decide which if any of the products available are right for you.

2. Whose products we offer?

We offer products from a range of insurers for:

GAP (Guaranteed Asset Protection) and RTI (Return To Invoice)
Mechanical Breakdown Insurance
Payment Protection Insurance (in conjunction with FGA Capital UK Ltd finance agreements only)
Breakdown & Recovery Cover
MOT Insurance

3. What will you have to pay us for our services?

We will not charge a fee for our service.

4. Who regulates us?

Piccadilly Motors Limited, Bradford Road, Wakefield, WF1 2AH is authorised and regulated by the

Financial Services Authority. Our FSA number is 306344.

Our business is permitted to sell and administer general insurance products.

You can check this information on the FSA’s register by visiting the FSA’s website

www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.

5. What to do if you have a complaint?

If you wish to register a complaint please contact the appropriate Dealership:

In writing:

Wakefield Dealership - Michael Hargreaves, Dealer Principal, Piccadilly Motors Ltd, Wrenthorpe Road, Wakefield, WF1 2AH.  Tel: 0800 38 78 43

Ripon Dealership - Steven Hall, Dealer Principal, Piccadilly Motors Ltd, Dallamires Lane, Ripon HG4 1TT.  Tel: 0800 783 2836

Knaresborough Dealership - Jason Lovell, Dealer Principal, Piccadilly Motors Ltd, Boroughbridge Road, Knaresborough, HG5 0LZ.  Tel: 0800 085 85 55

By Phone: Monday to Friday between the hours of 9am and 5.30pm.
Please ask to speak to the Dealer Principal, explaining the nature of your call.

If you cannot settle your complaint with us in a reasonable time scale you may be entitled to

refer it to the Financial Ombudsman Service (FOS).

6. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we

cannot meet our obligations.
This depends on the type of business and the circumstances of the claim.

Further information about the compensation scheme is available from the FSCS.