Information on list of principal firms - January 2025

FOI Release Date of Release:

Reference Case Number: FOI11856

Freedom of Information: Right to know request:

Information about Principle Firms and appointed representatives-detailed questions are set out in Annex A.

FCA response:

In response to question 1, the tables in Annex B list all Principal Firms that are Networks as defined by the FCA, i.e. as having five or more appointed representatives (not counting introducer appointed representatives) which hold permissions to intermediate in Investment and Pensions, Mortgages & Home Finance and Consumer Credit & Insurance respectively.

Regarding question 2, the following table sets out the number of authorised firms which had an authorisation application approved with permissions to intermediate in Investment and Pensions, Mortgages & Home Finance and Consumer Credit & Insurance respectively during each of the past 5 years:

Permission  20202021202220232024
Investment and Pensions436385248170157
Mortgages & Home Finance442327280170132
Consumer Credit & Insurance322277206278136

In response to question 3(a) the total number of individuals holding active CPD20 - Advising or arranging regulated mortgage contracts and/or active CPD21 - Advising or arranging equity release transactions involvements across all authorised firms is 35,263 *.

In response to question 3(b) the total number of individuals holding active [FCA CF] Client dealing and/or active CF30 Customer involvements across all authorised firms is 105,949 *.

* Data correct as at 14 January 2025. 

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