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Catch up with the latest press releases from LV=

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LV= Retirement solutions joins intrinsic panel

Press release: 26/04/2011

Retirement specialist LV= has announced that Intrinsic’s restricted and independent financial planners now have access to its full range of retirement solutions products. The retirement suite of products will join LV=’s mortgage & lifestyle protection, and its equity release products, which are already available through the 1700 advisers in Intrinsic’s multi-tie and whole of market distribution channels.

The products now available to Intrinsic’s financial planners include:

LV= Flexible Transitions Account (FTA)
• A transparent and ‘RDR friendly’ SIPP style plan that allows clients to grow their pension fund, consolidate existing pension arrangements and draw retirement income
• Core to this is the simplified FTA proposition, now a permanent part of LV=’s proposition following a successful pilot. This low cost product (wrapper charge of 0.3% p.a.) provides an ideal entry level product option for clients not needing the full SIPP functionality at outset
• A range of investment choices including low cost tracker funds and risk graded Managed Portfolios.

LV= Protected Retirement Plan
• Designed to offer clients a choice of some of the best features of both annuities and pension drawdown
• A fixed term annuity style plan with capped and flexible drawdown available, and a guaranteed maturity value set at the start of the plan

LV= Enhanced and with profits pension annuities• With-profits pension annuity on standard and enhanced terms
• Increased income for life with qualifying conditions and lifestyle factors

John Perks, LV= retirement solutions director said: “This is a very important and exciting partnership for LV= with Intrinsic taking our full retirement product suite onto its panel. This is another endorsement of the strength of our products, service and LV=’s increasing profile as one of the leading retirement specialists.”

Kevin Ronaldson, Intrinsic’s Group Marketing Director, said: “Intrinsic has a team of 1,700 advisers throughout the UK and is highly regarded with a consistent track record in offering top quality advice to our clients. LV= is committed to offering flexible retirement solutions to meet people’s changing needs and we look forward to continuing our successful relationship with them.”

For further information please go to www.LV.com/intrinsic.


LV=

LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs around 4,500 people, serves over four million customers and members, and manages around £8.0bn (as at 31 December 2010) on their behalf, via LV= Asset Management (LVAM). We are also the UK's largest friendly society and a leading mutual financial services provider. www.LVAM.co.uk.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF www.LV.com.