The UK Financial Conduct Authority (FCA) today posted its latest analysis of the intermediary sector based on data drawn from the Retail Mediation Activities Return (RMAR) for 2023.
Firms that provide advice on, or arrange, mortgages, insurance policies or retail investment products for consumers must send the FCA information about their activities on the RMAR.
Reported revenue from retail investment intermediation in 2023 decreased by 3% to £5.3 billion, compared to 2022.