Only 68 advisers decided to respond to FCA review

17 Feb 2016

Only 68 financial advisers responded to the hotly-anticipated Financial Advice Market Review, according to figures from the Financial Conduct Authority.

In total, the FCA received 270 responses, with 27 of these coming from financial services providers, following a Freedom of Information request.

The figure of 68 does not include trade bodies, but even if all financial advice industry representatives are added to this list – including Apfa, Libertatem, the PFS and the Cisi – that would only mean 72 responses were sent in on behalf of the advice community.

The remaining 171 responses, it is estimated, came from other industry representatives.

 

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