Chris Davies delves into the latest set of RMAR data and crunches the numbers to reveal what advisers are up against...
With the Financial Conduct Authority's (FCA) latest Retail Mediation Activities Return (RMAR) data released, we set to work to analyse the data to investigate the Reg Data trends and themes and what firms are up against. We have looked at 2021-23 data to provide a longitudinal trend analysis rather than a cross-sectional review to showcase challenges and opportunities firms face and provide a root cause analysis to assess the reasons behind firm performances. Summary of data The table below summarises the average pre-tax profit and retained profit per firm for the different advis...
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