Corporate Governance

Overseeing the business

Our Board and Committees

As a company limited by guarantee we are incorporated under the Companies Act 2006 as Liverpool Victoria Financial Services Limited (LVFS).

  • We’re bound by the Companies Act as well as our own Articles of Association.
  • Our Articles set out how we’re governed, how someone becomes a member, the election of directors and the process for Annual General Meetings and Special General Meetings.
  • The LV= Board are responsible for our strategic success and represent the interests of members and customers.

Board Members

  • Alan Cook, Chairman
  • David Neave, Non-Executive Director
  • David Barral, Non-Executive Director
  • Colin Ledlie, Non-Executive Director
  • Alison Hutchinson, Non-Executive Director
  • Luke Savage, Non-Executive Director
  • Wayne Snow, Chief Risk Officer

Board Committees

  • Audit Committee
  • Investment Committee
  • Risk Committee
  • Remuneration Committee
  • Corporate Governance and Nomination Committee
  • With-Profits Committee
  • RNPFN Supervisory Board

A leading financial mutual in the UK

On 2 January 2020 we officially converted from a friendly society to a company limited by guarantee.
  • Our company name is Liverpool Victoria Financial Services Limited.
  • Our company number is 12383237.
  • Our registered address is County Gates, Bournemouth, BH1 2NF.
     

Acquisitions in our history

  • Liverpool Crown & Anchor Friendly Society (1885)
  • Liverpool Protective Assurance & Burial Society (1903)
  • New Era (1904)
  • General Friendly Collecting Society (1908)
  • Most Friendly Burial Collecting Society (1933)
  • City Mutual (Guernsey) Collecting Society (1935)
  • City Mutual (Jersey) Collecting Society (1935)
  • Hibernian Mutual Assurance Collecting Society (1944)
  • General Federation of Trade Unions Friendly & Collecting Society (GFTU) (1952)
  • Independent Burial Society (1953)
  • Withington Friendly Burial Collecting Society (1954)
  • Ardwick Union Burial Society (1957)
  • Keighley Samaritan Brief (1963)
  • Druids Burial Society (1965)
  • Frizzell (1996)
  • Landmark (1997)
  • Royal National Pension Fund for Nurses (RNPFN, 2001)
  • Permanent Insurance (2001)
  • Bishopscourt (2002)
  • UIA Life Businesses (2005)
  • ABC (2006)
  •  Britannia Rescue (2007)
  • Tomorrow (2007)
  • Highway Insurance (2008)
  • Wealth Wizards Limited (2015)
  • Teachers Assurance Company Limited (2016)
  • Teachers Provident Society (2016)