Royal London has confirmed that it is in ongoing talks with LV= regarding a potential takeover after members voted down a takeover bid from Bain Capital in December.
LV= is adding a more affordable variant of critical illness cover to its protection range, providing more choice and flexibility for customers at different life stages.
LV= has announced it will 'swiftly reassess' its strategic options after its takeover proposal by private equity firm Bain Capital failed to reach approval.
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LV= has increased non-medical limits for its Flexible Protection Plan (FPP) income protection product and removed additional evidence requirements such as tele-interviews.
Dynamo for Intermediaries has expanded the benefits on offer to its members, including the launch of a brand new protection proposition featuring a zero retained commission incentive.