The move is expected to affect approximately 780,000 people in its first wave.

22% of clients live more than an hour away from their adviser.

Financial advice firms fully embracing technology generated per adviser 119% more recurring revenue, 105% more revenue, and serviced 39% more clients than their low adoption peers.

New Consumer Duty dashboards and an enhanced Health Fact Find have launched as part of the updates.

Two, three, and five-year products have seen rates reduced.

The society's new fixed-rate products are aimed at providing greater support for both first-time buyers and those seeking affordable housing solutions.

UK GDP grew 0.5% month-on-month in February, following a 0.1% fall in January

Last month, more2life launched 'Tailored Interest Reward', a new lifetime mortgage designed to give later life lending clients more control over their borrowing costs.

The mortgage market has recorded a record number of remortgage searches as investors look to future-proof their portfolios ahead of regulatory shifts.

The lender is reducing all 2-year fixed rates by 20bps and 5-year rates by 5bps