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.