Soundbytes

Secret Commissions – What’s the latest?

What qualifies as a secret commission, and what are the legal consequences? In this episode, Robin Henry and Abbie Coleman from Collyer Bristow’s Commercial Disputes team explore the latest developments in secret commission claims, including key judgments from Wood v Commercial First Business Ltd and Johnson, Wrench & Hopcraft. Learn how these rulings impact financial services, mortgage brokers, and motor finance agreements.

1 minute read

Published 17 March 2025

Authors

Share

Key information

In this episode, Robin Henry and Abbie Coleman discuss secret commissions, a crucial issue in financial services and brokerage arrangements. They explore the legal obligations of agents, fiduciary duties, and the impact of recent court rulings on businesses and consumers.

Key discussion points include:

  • What qualifies as a secret commission?
  • The difference between fully secret vs. half-secret commissions
  • The implications of the landmark Wood v Commercial First Business Ltd (2021) case
  • How the Johnson, Wrench & Hopcraft (2024) cases affect the motor finance sector
  • Legal remedies available for undisclosed commissions

Whether you’re a financial professional, legal expert, or consumer interested in fair financial practices, this episode unpacks the latest legal developments in secret commissions and their broader implications.

For more information on secret commissions you can check out this in-depth article HERE.

Related latest updates
PREV NEXT

Arrow Back to Insights

Soundbytes

Secret Commissions – What’s the latest?

What qualifies as a secret commission, and what are the legal consequences? In this episode, Robin Henry and Abbie Coleman from Collyer Bristow’s Commercial Disputes team explore the latest developments in secret commission claims, including key judgments from Wood v Commercial First Business Ltd and Johnson, Wrench & Hopcraft. Learn how these rulings impact financial services, mortgage brokers, and motor finance agreements.

Published 17 March 2025

Associated sectors / services

Authors

In this episode, Robin Henry and Abbie Coleman discuss secret commissions, a crucial issue in financial services and brokerage arrangements. They explore the legal obligations of agents, fiduciary duties, and the impact of recent court rulings on businesses and consumers.

Key discussion points include:

  • What qualifies as a secret commission?
  • The difference between fully secret vs. half-secret commissions
  • The implications of the landmark Wood v Commercial First Business Ltd (2021) case
  • How the Johnson, Wrench & Hopcraft (2024) cases affect the motor finance sector
  • Legal remedies available for undisclosed commissions

Whether you’re a financial professional, legal expert, or consumer interested in fair financial practices, this episode unpacks the latest legal developments in secret commissions and their broader implications.

For more information on secret commissions you can check out this in-depth article HERE.

Associated sectors / services

Authors

Need some more information? Make an enquiry below.

    Subscribe

    Please add your details and your areas of interest below

    Specialist sectors:

    Legal services:

    Other information:

    Jurisdictions of interest to you (other than UK):



    Message us on WhatsApp (calling not available)

    Please note that Collyer Bristow provides this service during office hours for general information and enquiries only and that no legal or other professional advice will be provided over the WhatsApp platform. Please also note that if you choose to use this platform your personal data is likely to be processed outside the UK and EEA, including in the US. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information provided. All information will be deleted immediately upon completion of a conversation.

    I accept Close

    Close
    Scroll up
    ExpandNeed some help?Toggle

    < Back to menu

    I have an issue and need your help

    Scroll to see our A-Z list of expertise

    Get in touch

    Get in touch using our form below.



      Business Close
      Private Wealth Close
      Hot Topics Close