Royal London and LV= merger talks collapse
Differing ‘mutual models’ forced the two companies to halt discussions
Differing ‘mutual models’ forced the two companies to halt discussions
But there is ‘no certainty’ that the talks will result in a deal
Brits warned about ‘sacrificing’ standards of living in retirement for the next generation
As 55% of Brits say they aren’t aware of or don’t understand the terms
As rival insurer offers to enter into ‘immediate and exclusive discussions’
Financial advisers ‘100% the way forward’ in overcoming misconceptions
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
Reports that PE firm and rival mutual could split up the business after deal is finalised
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status
By creating a series of videos and guides to help them navigate range of products available
‘If you are due something, it’s well worth taking the time to claim it’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’