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LV= enhances relationship with Tenet Group

Press release: 15/04/2013

Life and pensions specialist LV= has strengthened its partnership with the Tenet Group.

As part of the link-up the LV= regional sales teams will now provide their local Tenet advisers with on the ground sales and technical support. LV= will also work with Tenet to provide advisers with technical updates and regular articles and in the second half of the year, LV= will host a series of pensions seminars for Tenet advisers.

Tenet advisers already have access to the full range of LV= life and pensions products. On the protection side this includes LV=’s Flexible Protection Plan (including life insurance, critical illness and income protection), Mortgage & Lifestyle Protection and Family Income Benefit. The retirement products include LV=’s SIPP, enhanced and fixed term annuities, equity release and flexible guarantee bond.

Helen Turner, Tenet Distribution & Development Director, said: “We are delighted to be working closely with LV= as the team have a great deal of experience in the life and pensions market.

“The new partnership will enable our advisers to benefit from the enormous depth of technical knowledge that LV= has to offer, and deliver a range of excellent products to their customers.”

Steve Lewis, LV= Head of Retirement Distribution, said: “Our partnership with Tenet is a terrific opportunity for us to showcase the strength of our life and pensions proposition.

“In this post-RDR world we remain committed to the intermediary market. We look forward to developing our relationship with Tenet, to provide their advisers not only with great products, but the relevant assistance to help grow their business.”

LV=

LV= employs 5600 people and serves over five million customers with a range of financial products. We are the UK’s largest friendly society and a leading financial mutual.

When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products.

We offer our services direct to consumers, as well as through IFAs and brokers, and through strategic partnerships with organisations such as ASDA, Nationwide Building Society and a range of trade unions.

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

Tenet Group

Tenet is one of the largest and longest established adviser support groups in the UK supporting advisers across three key support propositions. With assets in excess of £28m, it is one of the most financially strong and stable service providers in the market today. The new group structure comprises TenetConnect (formerly Interdependence and M&E), TenetSelect (formerly Tenet Support Services) and TenetLime (formerly Lifetime Insurance Mortgage Experts and Premier Partnerships).

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