Distributors

Failure deemed 'significant'

Regulator has concerns about competition in sector

Listed mortgage adviser network the Mortgage Advice Bureau has bought a 23% stake in online conveyancing firm Sort to enhance its distribution channels.

Sesame Bankhall Group (SBG) has reconfigured its management team following a strategic review that led to the demise of its investment advice network earlier in the year.

The Post Office is to amalgamate its range of financial products under a new brand in its bid to become a leading 'challenger' in UK financial services.

National advice firm Lighthouse Group has launched a "holistic" mortgage and protection advice service in response to demand from clients.

Adviser network Tenet is offering its members licences to self-approve drawdown advice in a bid to speed up its processes ahead of the incoming pension reforms.

Two financial services firms have teamed up with property surveyors to fuel their growth strategies and benefit from new revenue streams in the UK housing market.

West Bromwich Building Society sales and marketing director Richard Hopwood has left the business following a restructure of its executive team.

The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.