October 2019 - Kind Consultancy

Career Corner: The Benefits of a Business Mentor

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By: Kind Consultancy

30/10/2019

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You’ve invested in your career within Governance, Risk & Compliance. Maybe you’re in your second or third position within your specialism and you’ve built up a good bank of technical skills and knowledge, but you’re not sure where to go next. This is the ideal time to find a Business Mentor. Not to be confused with a coach or a consultant, a Business Mentor is someone who works with a mentee on their personal development, utilising their lived experience, industry expertise and professional network to aid the mentee’s career. A good mentor will help you to fully develop to the maximum potential within your current…

Work Experience at Kind Consultancy

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By: Kind Consultancy

30/10/2019

1

We’ve been joined in the Kind Office this week by our first Work Experience placement, Georgia contacted Kind Consultancy and asked if she could spend a few days out of her half-term working with us. At the end of her time in the office, we asked our newest team member to tell us a little about why she wanted to experience work at Kind Consultancy and what she’s taking away from her time here. – Why did you choose to do your Work Experience with the Kind Group? “I’m currently in my last year of high school and have been thinking about going into an…

Motor Finance Regulations Update: Beyond Policies & Procedures

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By: Kind Consultancy

28/10/2019

1

Earlier this month I wrote about the current regulatory focus on Motor Finance, especially the growing controversy around PCPs and the associated commission models. Since then, the FCA has announced their intention to ban commission models in Motor Finance that are tied to the customer interest rates, estimating that this could save customers up to £165 million every year. Consultations on these plans are open now and will close on January 15th, with final rules set to be published later in 2020. The report mentions that the FCA is aware of these models existing in other Finance areas but not currently having reason to ban…