The Competition and Markets Authority has provisionally found that platform engine FNZ’s £150m purchase of rival GBST would raise “significant competition concerns” following a review of the deal.

Financial Planning firm MAC Financial has acquired the business of Island Financial Solutions (IFS).

LV= confirmed today it is in exclusive talks with Bain Capital, the US private equity owner of esure, about a potential deal.

LV= has confirmed renewed speculation that it may tie-up with a third party - with Royal London the rumoured potential merger or takeover candidate, according to industry speculation.