Towergate Partnership has received FSA approval after the amalgamation of Towergate Underwriting and The Folgate partnership.
The approval allows the group to keep to its launch date of the 28th October.
Towergate chief executive officier, Andy Homer said, “We are well on course to hit our growth and profit targets for 2005 and we have exciting times ahead as we aim to improve our position in the top 10 UK broker league table.”