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Do dealership staff have to take the SAF Competence Test?

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Do dealership staff have to take the SAF Competence Test?

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No, the SAF Competence Test is not compulsory. However, there is increasing regulatory focus on point of sale finance. With the Financial Services Authority (FSA) currently looking at how other industries sell finance, SAF highlights industry’s commitment to robust self-regulatory solutions. The test is free, easy to take and designed to benefit dealers. Customers increasingly value high-quality information, professionalism and expertise. The SAF Competence Test will help provide all of these benefits at no cost.

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