Detailed Report Information - Adviser Charge Revenue (Section K)

The criteria to populate the report are specified below. Each of the data cells (highlighted in green) on the report example contain references which are explained in the table that follows the report.

Important points to note:

  • All figures included in the report are net of VAT
  • Adviser charges are invoiced rather than paid sums
  • The report will include adviser charge revenue from individual retail clients and individual members of corporate schemes
  • If the FCA directly regulated flag is checked on the introducer contact record, all introducer payments will be excluded from the fee revenue reported as they will complete and submit their own RMAR. If the flag is unchecked, the payments will be included
  • If the Network directly regulated flag is checked, all network payments should be excluded from the fee revenue reported as they will complete and submit their own RMAR. If the flag is unchecked, the payments will be included