What about this scenario.
My company you pay £2000 up front then a salary deduction of £167 a month for 5 years. Should this be a regulated arrangement by the FSA or the OFT which regulate financial transations!
Even though it is interest free it is effectively an interest free loan, which is subject to the regulatory bodies and you have to be regestered to provide these services.
Any thoughts out there?
D and F