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Number of financial advisers in the UK
There were 286 fewer financial advisers advising on retail investment products in the year to December 2023. The number of firms fell 8.1% in the year. These numbers are based on the latest data from the FCA on the retail intermediary market.
MPS growing but costs falling, finds new NextWealth report
MPS is growing faster than the platform market and costs for clients are falling. These are two key findings of NextWealthā€™s latest MPS Proposition Comparison Report, designed to provide insights and trends into how the advice profession is managing client investments.