Royal London and LV= cease merger talks

Mutuals halt discussions

Jenna Brown
clock • 2 min read

Royal London and LV= have halted merger talks saying the firms' different mutual models meant a tie-up would "not be in the best interests of members".

Two days ago, on Monday 9 Februray, Royal London confirmed it was in "exploratory" talks with rival mutual LV= about a merger after submitting a second proposal at the end of 2021. It followed confirmation on 10 December 2021, that Royal London said it was its belief that it could "offer an attractive future for the members of LV= as part of a growing and well-capitalised mutual" following the collapse of its proposed by out by private equity house Bain Capital. However, discussions between the groups have ended with no agreement. The proposed mutual merger was institaged after an ...

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 Companies

PhillipCapital eyes Walker Crips takeover with £6m bid

PhillipCapital eyes Walker Crips takeover with £6m bid

Amid significant regulatory, compliance and liquidity challenges

Isabel Baxter
clock 24 November 2025 • 3 min read
The Penny Group takes majority stake in £350m AUM advice firm

The Penny Group takes majority stake in £350m AUM advice firm

Will integrate with Harridge Financial Services over a three-year timeframe

Isabel Baxter
clock 21 November 2025 • 2 min read
Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Interim results for the six months to 30 September

Jenna Brown
clock 18 November 2025 • 2 min read