The Financial Conduct Authority's annual retail mediation activities return has revealed advice firms paid an average 2% of their revenues on professional indemnity (PI) insurance premiums in 2018.
The FCA's data, which it collects every year from around 12,000 intermediary firms, revealed advice businesses that made less than £100,000 in annual revenue in 2018, which are likely to be 'one-man' bands,...
Expanding across North West
H1 2020 results
7, 8 and 9 October
Passed away 25 July
Predicts two lost years of UK growth
'We will take decisive action and we will withdraw capital'
'Substantial lessening' of competition