Financial Mutuals in 2020

Money, investing, mutuals etc
planteria
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Re: Financial Mutuals in 2020

Post by planteria » Sat Oct 03 2020 10:10am

changes on the cards at LV.. viewtopic.php?f=5&t=89199

doubt there will be a confirmed transaction during 2020 though.
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planteria
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Re: Financial Mutuals in 2020

Post by planteria » Sat Oct 03 2020 10:24am

planteria wrote:
Sun Aug 30 2020 8:23am
another friendly society merger is on the cards.. https://www.kingstonunity.co.uk/sgm/
as it happens this would actually be a remerger. the society split back in the 1800s.
this is now nailed-on to proceed by the end of 2020. Kingston Unity is a delegate-based society, so the delegates need to approve the merger.. but the board have already made up their minds and it would be unlikely for the delegation to vote against their proposal after they've taken it to this stage, and left no real reasonable alternative path to take.
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Re: Financial Mutuals in 2020

Post by planteria » Thu Nov 19 2020 8:08pm

there was a delay, so, having been approved by the delegation on saturday, the merger between Kingston Unity and Oddfellows is planned for 1st February.
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Re: Financial Mutuals in 2020

Post by planteria » Mon Nov 23 2020 10:19pm

we're awaiting news re LV discussed here.. www.imutual.co.uk/forum/viewtopic.php?f ... 9&start=10

but while Royal London might miss out on "forging a mutual champion" with LV, they've been working to consolidate the sector. this one from last month had slipped past me until now: www.policemutual.co.uk/about-us/news-an ... al-london/
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Re: Financial Mutuals in 2020

Post by planteria » Wed Dec 16 2020 9:29pm

news shared by Froggitt re LV.. viewtopic.php?f=5&t=89199&start=20
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planteria
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Re: Financial Mutuals in 2020

Post by planteria » Sun Dec 27 2020 6:25pm

with Kingston Unity and LV in train, perhaps it is time to take this forward into the year ahead..

anyone care to make any predictions re changes in the market during 2021?

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Re: Financial Mutuals in 2020

Post by planteria » Tue Feb 02 2021 10:59am

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Re: Financial Mutuals in 2020

Post by planteria » Sun Apr 04 2021 5:31pm

im182044 wrote:
Mon Jan 13 2020 7:46pm
Manchester BS taken over
i've read the Annual Report & Accounts today. there doesn't seem to be any major changes coming in the near future. the Directors continue to bag their salaries.
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Re: Financial Mutuals in 2020

Post by planteria » Thu Mar 02 2023 6:32pm

a bit late now we're into March, but anyone care to make any predictions re changes in the market during 2023?

Manchester BS is being absorbed by Newcastle BS, of course.

how many Building Societies do we have now? 43? :think:
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Re: Financial Mutuals in 2020

Post by planteria » Tue Oct 24 2023 7:19pm

i haven't checked the answer to my own question..

but with recent requirements for DDs i have been re-looking at my pensions with mutual providers: LV, NFUM, Royal London, Wesleyan sit alongside Aviva, Scottish Widows and an ii SIPP. consolidating these pension pots will make sense at some stage.

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