Investec Plc has announced that it is allocating funds to cover potential compensation and related expenses associated with its auto finance business in the UK. This move comes as regulators conduct an industrywide probe into the sales practices of such loans to ensure fair treatment of customers. The South African lender plans to disclose the exact amount of the provision when it releases its annual results in May. Chief Executive Officer Fani Titi mentioned during a media call that the bank anticipates profits for the year ending in March to be between £866.9 million ($1.1 billion) and £909.6 million, representing an increase from the £818.7 million reported in the same period a year earlier.