LV and RL would be quite a beast.. both have acquired other mutuals that i was a member of in recent years. i'm not surprised that they are on the acquisition trail, but didn't see any suggestion of a merger between the two coming.
yes, i looked at their website before posting the above. i'm not sure what kind of bonuses they pay pp.. i'm not a member of RRA and never have been. i have an ISA with RLon and a Bond and Pension (following takeover of Teachers) with LVic.