Royal London and LV= cease merger talks

Member interest cited as a key concern of bringing the mutuals together

Jenna Brown
clock • 2 min read
Royal London group chief executive Barry O'Dwyer
Image:

Royal London group chief executive Barry O'Dwyer

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".

It comes after Royal London confirmed on 7 February that it was in "exploratory" talks with rival mutual LV= about a merger after submitting a second proposal at the end of 2021. It followed con...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: The UK's pension shake-up is facing pushback

News Digest: The UK's pension shake-up is facing pushback

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 25 June 2025 • 1 min read
Renting in retirement halves chances of reaching minimum living standard

Renting in retirement halves chances of reaching minimum living standard

Having to pay housing costs in retirement reduces chances of minimum RLS to 43%

Martin Richmond
clock 24 June 2025 • 3 min read
Buzz: Is there a link between the size of a pension fund and its performance?

Buzz: Is there a link between the size of a pension fund and its performance?

Pension fund scale and performance, superfund providers and transfer times

Professional Pensions
clock 23 June 2025 • 1 min read
Trustpilot