| Link(s): | The retail intermediary market data 2024 | FCA Retail intermediary market interactive analysis 2024 | FCA retail-intermediary-market-2024-underlying-data.xlsx |
Context
The FCA has published its retail intermediary market data for 2024, including an interactive analysis web page and an Excel spreadsheet of the relevant data tables. The publications provide the FCA’s latest analysis of the mortgage, insurance and retail investment intermediary sector, using data from the Retail Mediation Activities Return (RMAR) for 2024.
Key points to note and next actions
- Revenue from non-investment insurance distribution in 2024 increased by 6.6% to £26.1 billion, compared to 2023.
- For non-investment insurance distribution and mortgage broking, commission remains the primary source of revenue, accounting for 82.6% for non-investment insurance distribution (down 0.4% from 2023) and 77.4% for mortgage broking (down 0.6% from 2023).
- Commissions, fees, other revenue and total regulated revenue have all continued to increase year on year in the on-investment distribution sector.