Context
The FCA has published its updated Appointed Representatives (AR) data as at the end of September 2025. The FCA presents data on the AR population and financial services activity. This data is updated every 6 months.
Key points to note and next actions
- At the start of September 2025, there were 2,469 principals and 34,012 ARs, a reduction of 169 principals (6.8%) and 20 ARs (0.1%) over the year from October 2024.
- In March 2025 the number of ARs had dropped to 33,575 but that number has now increased to 34,012, which is 20 fewer than the end of September 2024.
- Historical data is available within the FCA’s data publication, which dates back to 1986.
- The steady decrease in the number of general insurance and protection ARs has continued, with 7,019 ARs now in that sector – a decrease of 549 in the last year.
- General insurance ARs produced the largest amount of regulated revenue in 2024, generating £3.556bn.