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.

FNZ has challenged the decision by the Competition and Markets Authority to block its proposed merger with rival GBST, saying that the watchdog has an artificially narrow view of the platform market.