Quizzical questions: 15 July 2016

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The regulator discovered a number of weaknesses in relation to Towergate's protection of client and insurer money.

The figure was disclosed in FCA's annual report for the year ended 31 March 2016.

The broker said the deal "fills the gap left by Markerstudy".

Second

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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