Interpreting the data

Since 1 April 2006, all PSD reporting firms have been required to state whether customers received advice at the point of sale, so all figures involving advised sales are from this date onwards. For more information on what constitutes an advised sale, please refer to the glossary.

Mortgages PSD

  1. PSD only captures new sales (including remortgages); transfers, top-ups, alterations (such as mortgage switches with the same lender), increments and renewals are generally not included.
  2. We publish other sources of mortgage data, such as statistics from the Mortgage Lending and Administration Return (MLAR) which is not directly comparable to mortgage PSD due to differences in data coverage. For example, further mortgage advances are included in the MLAR but not in the PSD. Users of the PSD are therefore advised to bear this in mind when comparing mortgage PSD to other data.
  3. All home finance providers are required to submit the mortgage PSD.
  4. During 2016 and the first half of 2017, 193 firms provided mortgage PSD to us.

Pure Protection Contracts PSD

  1. PSD does not include all data on transactions made through fund supermarkets and nominee accounts (such as those used in platforms).
  2. PSD only captures new sales; transfers, top-ups, alterations, increments and renewals are generally not included.
  3. Figures based on the type of firm (eg, Personal Investment Firms), are based on the primary category to which we allocate firms. However, a firm of one type may conduct a high proportion of other types of business that are not reflected in its primary category.
  4. Figures based on the type of firm may not be comparable between PSD publications from different years when firms switch between primary categories.
  5. Sales to retail clients or consumers made by the following types of firms are required to submit pure protection contracts PSD: 

   6. During 2016 and the first half of 2017, 30 firms provided pure protection contracts PSD to us.

Retail Investments PSD

  1. PSD does not include all data on transactions made through nominee accounts (such as those used in platforms).
  2. PSD only captures new sales: transfers, top-ups, alterations, increments and renewals are generally not included.
  3. Figures based on the type of firm (eg, Personal Investment firms), are based on the primary category to which we allocate firms. However, a firm of one type may conduct a high proportion of other types of business that are not reflected in its primary category.
  4. Figures based on the type of firm may not be comparable between PSD publications from different years when firms switch between primary categories.
  5. Retail investment PSD requires individual pension transfers and pension opt-outs to be reported as separate transactions. This may cause an element of double-counting with other transactions that occur at the same time.
  6. Since 1 October 2007, all PSD reporting firms have been required to report SIPP transactions.
  7. Sales to retail clients or consumers made by the following types of firms are required to submit retail investments PSD:

   8. During 2016 and the first half of 2017, 267 firms provided retail investment PSD to us.

PSD tables and glossaries 

Date Pure Protection Contracts
October 2017 Pure Protection Contracts Product Sales Data (PSD) Glossary (PDF)
Pure Protection Contracts Product Sales Data (PSD) Tables 2017 (XLSX)
Date Mortgages Product Sales Data
October 2017 Mortgages Product Sales Data (PSD) Glossary (PDF)
Mortgages Product Sales Data (PSD) Tables 2017 (XLSX)
Date Retail Investments Product Sales Data
October 2017 Retail Investments Product Sales Data (PSD) Glossary (PDF)
Retail Investments Product Sales Data (PSD) Tables 2017 (XLSX)