Platform assets grow 6.5% in Q2

Assets held on platforms grew 6.5% to £865.8bn in the three months to June as net sales broke through £17bn for the first time, according to data released today.

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Investment adviser revenue falls 1% in 2020

Reported total revenue earning from retail investment intermediation fell by 1% to just under £4.4bn according to data drawn from the FCA’s retail mediation activities return (RMAR) for 2020.

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Nearly 2m financial complaints in 6 months - FCA

Latest data from the FCA has revealed that in the second half of 2020 the number of complaints received by financial firms - excluding PPI complaints - rose by 3.3% to 1.93m.

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Half of Gabriel users shift to new RegData system - FCA

The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.

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