One in 24 Brits receive ongoing financial advice - FCA stats

Regulator's data bulletin

Tom Ellis
clock
Advisers generated £3.7bn in revenue in 2016
Image:

Advisers generated £3.7bn in revenue in 2016

One in 24 UK adults receive ongoing financial advice, according to the Financial Conduct Authority's (FCA) latest statistics.

The regulator's data bulletin on adviser Retail Mediation Activities Returns (RMAR) published on 25 May, showed 2.2 million people had paid for ongoing advice in the last year. This equated to roughly...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login