Financial adviser numbers are continuing to rise, albeit marginally, since the introduction of new rules following the Retail Distribution Review (RDR), according to the most recent figures from the Financial Conduct Authority (FCA).
The number of those recorded as “financial advisers” by the regulator, which excludes those working in banks or building societies, stockbrokers or discretionary investment managers, was 21,881 on 10 January this year.
READ MORE:
FCA struggle to quantify advice gap continues – www.ftadviser.com
FCA reveals 23% further fall in bank adviser numbers – www.moneymarketing.co.uk
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