Royal London, the UK’s largest mutual life and pensions company, and Royal Liver Assurance have signed a transfer agreement, setting out the terms and conditions of the potential transfer of Royal Liver’s assets and liabilities to Royal London.
The transfer is subject to regulatory approvals and the approval of Royal Liver’s annual general meeting, which will be held in early May 2011.
Royal London Group is a specialist financial service provider operating through a number of brands including Scottish Life, Bright Grey and Scottish Provident.
Life insurance news: 22 April 2011
