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...

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