The advice sector's pre-tax profit fell by more than £50m in 2016, according to the latest annual market report from the Association of Professional Financial Advisers (APFA).
Retained profit more than doubled from £61m to £127m in the advice sector between 2015 and 2016, despite pre-tax profit dropping from £835m to £779m over the same timeframe. APFA warned margins in the...
£300bn of liabilities
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