Reports Royal London ‘in merger talks’ with LV
But a ‘number of parties’ also interested in the deal worth over £500m
LV=
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UK insurer to sell life and pension arm
Firm already disposed of its general insurance business through a joint venture in 2017
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Dynamic Planner rolls out decumulation service
Church House and Columbia Threadneedle among latest to sign up
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LV and Openwork join 19 firms in support of women
Firms and individuals must consider immediate and long-term implications of flexible working
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PEOPLE MOVES: LV=, Financial Conduct Authority, Nutmeg
Insurer hires former Zurich Emea head of operations as CEO, while FCA chief to lead Bank of England
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PEOPLE MOVES: Kleinwort Hambros, ANZ, QB Partners
Wealth manager makes six hires, while Australian firm names Hong Kong CEO
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Brits unsure where to access financial advice
Lack of trust and understanding of the industry creating additional barriers
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Pension freedoms alternative breaks records in Q1 2019
Equity release has become a viable option for retirees looking at funding their later years
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Life insurer defends rejecting applicant over depression
Decision was reached after the firm reviewed a report provided by the client’s doctor
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Five firms pull free pension transfer tool
Prudential, Scottish Widows and LV are the latest providers to stop their free pension transfer value analysis services (Tvas) for advisers, as they respond to regulator concerns that such tools could act as an inducement.
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Vanguard and Sharia added to Momentum range
Advisers and client will be able to choose passive, ethical and Sharia investments and include Vanguard funds in their Sipp after Momentum Pensions expanded its offering.
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Big UK insurers not offering financial advice tax break
Millions of pension savers cannot take advantage of a tax break designed to help them pay for financial advice because major providers including Aviva, Aegon, Fidelity, Legal & General, Prudential and Royal London are not offering it to customers, reports the Financial Times.