View more on these topics

Royal London and Royal Liver will not merge

Royal London and Royal Liver have announced they will not merge after the Royal Liver board decided not to accept Royal London’s offer in a meeting held yesterday and continued this morning.

The companies say: “After careful thought and thorough consideration the board of Royal Liver has concluded that although the proposal from Royal London had considerable merits for its members those interests will be better served by pursuing an independent strategy.”

Royal London and Royal Liver announced merger talks in April this year.

If the board had voted for the merger to go ahead the deal would have been presented to the company’s 220 delegates to make the final decision.


Providers vow to bounce back

Money Marketing asks providers to justify their service levels and explain what improvements may be planned for the future. Axa Axa says its bottom position in the rankings reflects problems the firm was having with the introduction of its new individual pension product range at the time the survey was carried out. It says it […]

Protection ‘heading towards daily pricing’ as competition hots up

Protection providers adjusted prices more times in July than in the entire second half of 2006, raising concerns that the industry is heading towards daily pricing.Legal & General protection marketing director Alan Ferguson says this indicates the fierceness of competition in the market.L&G had three reprices in July and LV= had two. However, Ferguson says […]

RAM raiding micro caps

Fund management luminaries have recently been espousing the benefits of mega-cap companies and pointing out that they have never been so cheap.I agree with this and have been topping up such holdings personally but many companies at the opposite end of the size scale are in similar positions.It has obviously been a rich and bountiful […]

Sub-prime rates to soar

The cost of sub-prime mortgage borrowing looks set to rise and several lenders admit that rates will have to increase substantially.Merrill Lynch subsidiary Mortgages plc has confirmed it is repricing its sub-prime product range, with Edeus set to follow this week.GMAC-RFC has already increased its fixed-rate loans and says it is repricing its Partners fixed […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm