Advisers were paid £3.6bn in fees in 2020 - FCA data

£4.4bn in revenue

Sophie King
clock • 2 min read
Advisers were paid £3.6bn in fees in 2020 - FCA data

The Financial Conduct Authority’s (FCA) annual Retail mediation Activities Return (RAMR) has revealed an small increase in total adviser fees.

The data, published on Thursday (29 July) and collected every year, revealed 5,017 firms were paid £3.66bn in fees, compared to a total £3.63bn in 2019. That compares to the 5,111 firms that existe...

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