One in 24 Brits receive ongoing financial advice - FCA stats

Regulator's data bulletin

Tom Ellis
Advisers generated £3.7bn in revenue in 2016

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...

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