Royal London acquires Wealth Wizards from LV=

Subject to regulatory approval

Sophie King
clock • 1 min read

Insurer Royal London has acquired financial technology business Wealth Wizards from rival provider LV=.

Rival insurer LV= had been Wealth Wizard's main investor since 2015. Royal London said the deal, which is subject to regulatory approval, demonstrated its commitment to advisers and the increasing demand for technology-enabled solutions. Royal London chief executive Barry O'Dwyer (pictured) said: "We see the positive impact of advice on customers' lives every day and will work with advisers to help to overcome the advice gap in the UK. "This acquisition provides us with an opportunity to enhance the leading support and service we already provide with market leading technology and proc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: Why advisers should pay attention to student loans

News editor's view: Why advisers should pay attention to student loans

The news editor's Friday Night Takeaway from 12 June

Isabel Baxter
clock 12 June 2026 • 4 min read
Feel Good Friday: Finli Group raises money for dementia charities

Feel Good Friday: Finli Group raises money for dementia charities

Has raised £10,000 and hopes to generate an additional £10,000

Professional Adviser
clock 12 June 2026 • 1 min read
Education minister: Student loan repayment threshold freeze did not break the system

Education minister: Student loan repayment threshold freeze did not break the system

‘These are design choices we have inherited’

Sophia Panayi
clock 11 June 2026 • 3 min read