| Link(s): | The retail intermediary market data 2022 | FCA Retail intermediary market interactive analysis 2022 | FCA retail-intermediary-market-2022-underlying-data.xlsx |
Context
Each year (since 2016) the FCA publishes the information firms have provided about their activities on their RMAR. The information provided by firms is used to help supervise the activities of those intermediary firms and to inform the FCA’s other regulatory functions.
Key points to note
This years analysis gives an update on firms in the retail intermediary sector based on data which reflects returns submitted to the FCA by firms for periods ending within 2022.
- Revenue from non-investment insurance distribution rose by 10% to £21.2 billion.
- For non-investment insurance distribution and mortgage broking, commission remains the primary source of revenue, accounting for 84% for non-investment insurance distribution (unchanged since 2021).
Next actions
None – for information and awareness.