The first students from the Certificate for Automotive Finance Specialists (CertAutoFS) have been celebrated at a Parliamentary Reception.
ifs University College, alongside the Finance & Leasing Association, were delighted to host a reception at the Houses of Parliament at the end of May to celebrate the first students to complete the Certificate for Automotive Finance Specialists (CertAutoFS), which was launched last year.
From left to right: Adrian Dally, Head of Motor Finance, FLA, Richard Burden MP, David Stanton, Compliance Manager, Cargiant,Jonathan Holdsworth, Acting Senior Business Manager, Cargiant.
Joined by Shadow Minister for Transport Richard Burden MP, around 70 guests attended the high-profile event, comprising of dealers, brokers, lenders and students of the qualification. The reception heard from a number of speakers who were in broad agreement about the qualification’s importance, as the industry continues to grow.
Discussing the broader context of the motor trade industry, particularly with regards to upskilling, Mr Burden told the guests:
“You need to be ahead of the game in terms of your knowledge. The customer needs you to be there as well, to be able to demystify things, to be able to explain things, to help them navigate new areas of financing. It's an industry that will be offering huge potential in the future, but great complexity as well. So if [CertAutoFS] wasn't necessary before, it's absolutely necessary now, and will become more necessary in the future.”
CertAutoFS is a QCF level 3 qualification that has been developed with the FLA for professionals working in the motor finance sector. With vehicles constituting one of the major purchases made by UK consumers in their lifetimes, automotive finance is a booming industry, which ifs University College has been pleased to support by providing professional qualifications to its practitioners.
From left to right: Nigel Vines, Toyota/Lexus, Kelly Turner, FCA Automotive Services, Richard Burden MP, Ros Greener, Acorn Money/Autoebid, Craig Brown, Porsche Retail Group, Dan Jackson, Black Horse, Paula Bulloch, Black Horse, Geoff Duncalf, Black Horse
Martin Day, Vice Principal, Corporate & Professional Qualifications at ifs University College, who represented the organisation at the event said:
“Needless to say, we were not only very heartened by Richard Burden’s remarks about the need for qualifications in the automotive sector, but are also in complete agreement with him. The motor industry has been one of the UK’s success stories in recent years and we are pleased to be playing an active part in providing a qualification, which in the year it has been operational has proven exceptionally useful to those who have taken it and very beneficial for the consumers they are seeking to serve. An industry is only as strong as the trust its consumers place in it and with greater levels of professionalism we can be sure it will continue to grow in the years to come.”
Find out more information about the CertAutoFS qualification.