Firms that provide advice on, or arrange, mortgages, insurance policies or retail investment products for consumers must send the FCA information about their activities on the Retail Mediation Activities Return (RMAR).
The FCA uses this information to help it supervise the activities of these intermediary firms and inform its other regulatory functions. This analysis gives an update on firms in the retail intermediary sector based on data for 2021.
In the analysis the FCA categorises firms based on their main type of regulated business activity, for example financial advisers, insurance intermediaries, mortgage brokers.