FCA under fire over LV= sale

LV= vote on 10 December

clock • 1 min read
FCA under fire over LV= sale

The Financial Conduct Authority has faced criticism for its role in overseeing the sale of British mutual insurer LV= (formerly Liverpool Victoria) to Bain Capital.

In a letter seen by the Daily Mail, the chairman of the All Party Parliamentary Group for Mutuals Gareth Thomas asked the FCA to reveal details of the negotiations, including whether LV= had been offered...

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