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FCA publishes retail intermediary market data for 2023

Link(s):The retail intermediary market data 2023 | FCA
Retail intermediary market interactive analysis 2023 | FCA
Retail-intermediary-market-2023-underlying-data.xlsx (live.com)

Context

The FCA has published its latest analysis of the intermediary sector based on data drawn from Retail Mediation Activity Returns (RMARs) for 2023, completed by mortgage, insurance and retail investment intermediaries.  The FCA web page sets out some key findings and revenue breakdown graphs for each of the three sectors.

Key points to note and next actions

An ‘interactive analysis’ web page shows profit and loss data (2017 to 2023) and capital requirement and surplus data (2020 to 2023) for all three firm types.  An underlying data pack (spreadsheet) shows breakdowns of:

  • Revenue from regulated intermediary activities (2016-2023);
  • Revenue earned by firm type (2023);
  • Capital requirements (2020-2023); and
  • Professional indemnity insurance premiums (2023)