Royal London and LV= cease merger talks
Royal London and LV= cease merger talks two days after confirming they were happening.
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Royal London and LV= cease merger talks two days after confirming they were happening.
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.
Alan Cook (pictured) will depart next month after a purge that cost half the eight-strong board, as well as three non-executive directors their jobs.
Instead of a clean break with the existing bosses, LV has appointed an interim chairman, Seamus Creedon from the existing board.
LIFE and pensions heavyweight Royal London, which is a big employer in Scotland, has confirmed that it has held merger talks with LV= after an…