Information about firms giving up permissions since the ban on contingent charging - December 2020

FOI Release Date of Release:

Reference Case Number: FOI7577

Freedom of Information: Right to know request:

  1. How many advice firms have given up permission since April to August 2020?
  2. How many regulated firms have given up their permissions since April to August 2020?
  3. How many firms have given up their DB permissions since the FCA decided to ban contingent charging in June (which is introduced in Oct)?
  4. How many firms contacted the FCA after the June announcement on a contingent charge ban, opposing the decision?

FCA response:

Refer to supporting document below.

Supporting document

FOI7577 response