top of page

Appointed representatives and principals study

  • paulrobinson764
  • Jun 25, 2025
  • 1 min read

Interesting study from hashtag#FCA. Key points are:


·      At the end of February 2025, there were 2,571 principals and 33,830 ARs, a reduction of 190 principals (7.4%) and 410 ARs (1.2%) over the year from February 2024


·      Since 2007, the population of ARs in general insurance and protection has been gradually decreasing while the number of ARs in consumer finance has been growing.


·      In 2024, ARs generated £11.1bn regulated revenue from financial services. Of this, £2.4bn came from ARs whose principals are mainly retail investment firms, £3.6bn from insurance firms and £2.3bn from consumer finance, of which £709m was from mortgage broking

 
 

Recent Posts

See All
FCA warnings on selling compex products

FCA warnings on selling complex products The FCA has warned that a number of firms are not meeting expected standards when selling complex investment products to retail investors. Its review found wea

 
 
Regulatory outlook for 2026

Summary — Regulatory Outlook for 2026 As we look ahead to 2026, the UK regulatory landscape is shaping up to be one of significant evolution and strategic change. The Financial Conduct Authority (FCA)

 
 
FCA pioneers AI live testing

The Financial Conduct Authority (FCA) has launched a pioneering “AI Live Testing” initiative — the first of its kind in the UK financial sector — giving select major firms a controlled environment to

 
 
bottom of page