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.
Mortgage adviser network Personal Touch Financial Services (PTFS) has supported the launch of eKeeper's life assurance quotes service AssuranceKeeper.
Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.
The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.
Northern Rock Asset Management is to compensate customers who took out loans with the bank a share of £270m, following errors made in paperwork.
Sesame Bankhall Group (SBG) managing director Nick Kelly has left the business in a major reshuffle.
The Co-operative Bank is to withdraw its interest-only mortgage range, it has announced.
Tenet Group has made a number of changes to its board, with current chairman Lord Hodgson of Astley Abbotts leaving and Martin Greenwood taking up the position of executive chairman.
Demand for UK housing hit its highest level in two years in March as more properties were put up for sale ahead of the Stamp Duty holiday-end, data suggests.
Santander is reducing the maximum loan to value on its interest-only residential deals to 50%, in a move it hopes will encourage some borrowers to select a capital repayment mortgage.
Tesco Bank's chief executive, Benny Higgins, has suggested that its long-anticipated launch into the mortgage market will happen by as early as April this year.
Martin Greenwood, the interim CEO of Tenet Group, has hit out at the company's rivals for behind-the-scenes criticism of the network.
Openwork has produced a protection quote application for Apple mobile devices.
The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines.