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Broking break: Your top five stories

open-book-web

In the run up to Friday the most read stories include Gable ceasing to write new business, Towergate being fined £2.6m and job cuts at Allianz.

5. Experts urge brokers to abide by the rules following Towergate's £2.6m fine

Compliance experts have highlighted the seriousness of the issue of client money failings in the broking sector, following the news that Towergate has been fined £2.6m by the Financial Conduct Authority (FCA).
The FCA said it has previously issued warnings to the industry on the importance of complying with client money rules.
  4. Eighty more jobs at risk at Allianz

Allianz UK has confirmed that 80 jobs are at risk

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