Brokers Salary
Median salary £51,026 per year (2025). Based on ONS ASHE data.
Gross pay, before deductions. See take-home pay on £51,000 after tax and National Insurance →
For brokers, £56,689 is the typical (median) pay. That is well above the UK full-time median of £39,039 — +45% versus the national average.
About this role
Brokers provide specialist financial services including advice, transactions, analysis or administration within banking, insurance, investment or financial planning. They work with clients and colleagues to deliver financial products and services within regulatory frameworks.
Key responsibilities
- Providing financial advice or processing financial transactions
- Analysing financial data and market conditions
- Ensuring compliance with FCA regulations and internal policies
- Managing client relationships and portfolios
- Preparing reports and financial documentation
Qualifications and entry routes
Typically requires relevant professional qualifications (CeMAP for mortgages, CII for insurance, CFA/IMC for investment). A degree in finance, economics or business is common. FCA-regulated activities require specific competency standards.
Career outlook
Steady demand with ongoing regulatory changes creating need for qualified professionals. Fintech is creating new roles alongside traditional positions.
Key skills
Common industries
- Banking
- Insurance
- Investment management
- Financial advisory
- Fintech
Data coverage
Salary Range (2025)
Estimated Career Progression
Based on salary percentile distribution for this occupation
Entry Level
£36,420
0-2 years
Mid Level
£36,420
3-7 years
Salary Trend (2015-2025)
Gender Pay Comparison (2025)
Full-time vs All Employees (2025)
Full-time premium: +£5,663
Brokers salary: common questions
How much do brokers earn in the UK?
Is £56,689 a good salary in the UK?
What is the starting salary for brokers?
Have brokers salaries kept up with inflation?
Figures: ONS Annual Survey of Hours and Earnings, gross annual pay. UK full-time median £39,039 (2025).