Royal Liver confirms rival talks

However, a spokesman for Royal Liver, Britain’s second largest friendly society, says discussions are at a “very early stage” and says no proposal has formerly been put to the firm’s delegates, who represent the society’s 1.7 million members. But the firm did say its commitment to mutuality obligates it to “explore the merits” of a possible combination of the two organisations. According to a report in The Times this morning, Royal Liver is believed to have sent letters over the weekend outlining the discussions to 200 delegates. A Royal Liver spokesman says: “The Board of Royal Liver an...